14min chapter

Patrick Boyle On Finance cover image

The Biggest US Trading Partner Is No Longer China!

Patrick Boyle On Finance

CHAPTER

Mexico's Emergence as a Global Trade Power

This chapter discusses how Mexico has become a major player in global trade, overtaking China as the biggest supplier of goods to the US. It explores the opportunities and challenges Mexico faces, such as crime rates, corruption, infrastructure limitations, and competition from other nations. The chapter also mentions the complex supply chain dynamics between the US, China, and Mexico, highlighting the reliance on China for critical minerals and the potential implications of near-shoring and friend-shoring strategies.

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