The US is now buying more from Mexico than China for the first time in 20 years by FUSeekMe69 Tags:Economy 2 comments TL;DR: * [New data](https://www.census.gov/foreign-trade/Press-Release/current_press_release/index.html) released Wednesday by the Commerce Department showed that in 2023, Mexico was the leading source of goods imported to the US — ahead of China for the first time in over 20 years. * Mexico surpassing [China](https://www.businessinsider.com/china-economy-outlook-cold-war-trade-investment-imf-investors-beijing-2023-12?utm_source=reddit&utm_medium=social&utm_campaign=insider-economy-sub-comment) as America’s top trade partner signals a significant shift in global commerce dynamics. * As tensions between the [US and China](https://www.businessinsider.com/china-economy-us-trade-markets-investors-policy-beijing-finance-outlook-2024-1?utm_source=reddit&utm_medium=social&utm_campaign=insider-economy-sub-comment) persist, fueled by trade disputes and tariffs, this transition to Mexico [helps reduce costs](https://www2.deloitte.com/us/en/insights/economy/issues-by-the-numbers/advantages-of-nearshoring-mexico.html) and speed up the supply chain, ultimately lowering the costs of goods in the US. How much is Mexico buying from China now? Leave a ReplyYou must be logged in to post a comment.
TL;DR: * [New data](https://www.census.gov/foreign-trade/Press-Release/current_press_release/index.html) released Wednesday by the Commerce Department showed that in 2023, Mexico was the leading source of goods imported to the US — ahead of China for the first time in over 20 years. * Mexico surpassing [China](https://www.businessinsider.com/china-economy-outlook-cold-war-trade-investment-imf-investors-beijing-2023-12?utm_source=reddit&utm_medium=social&utm_campaign=insider-economy-sub-comment) as America’s top trade partner signals a significant shift in global commerce dynamics. * As tensions between the [US and China](https://www.businessinsider.com/china-economy-us-trade-markets-investors-policy-beijing-finance-outlook-2024-1?utm_source=reddit&utm_medium=social&utm_campaign=insider-economy-sub-comment) persist, fueled by trade disputes and tariffs, this transition to Mexico [helps reduce costs](https://www2.deloitte.com/us/en/insights/economy/issues-by-the-numbers/advantages-of-nearshoring-mexico.html) and speed up the supply chain, ultimately lowering the costs of goods in the US.
2 comments
TL;DR:
* [New data](https://www.census.gov/foreign-trade/Press-Release/current_press_release/index.html) released Wednesday by the Commerce Department showed that in 2023, Mexico was the leading source of goods imported to the US — ahead of China for the first time in over 20 years.
* Mexico surpassing [China](https://www.businessinsider.com/china-economy-outlook-cold-war-trade-investment-imf-investors-beijing-2023-12?utm_source=reddit&utm_medium=social&utm_campaign=insider-economy-sub-comment) as America’s top trade partner signals a significant shift in global commerce dynamics.
* As tensions between the [US and China](https://www.businessinsider.com/china-economy-us-trade-markets-investors-policy-beijing-finance-outlook-2024-1?utm_source=reddit&utm_medium=social&utm_campaign=insider-economy-sub-comment) persist, fueled by trade disputes and tariffs, this transition to Mexico [helps reduce costs](https://www2.deloitte.com/us/en/insights/economy/issues-by-the-numbers/advantages-of-nearshoring-mexico.html) and speed up the supply chain, ultimately lowering the costs of goods in the US.
How much is Mexico buying from China now?