Mexico's Increasing Alignment with China Raises Concerns for the US
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Mexico is becoming increasingly aligned with China, raising concerns for the United States. American companies have invested nearly $7 billion in Nuevo Leon, Mexico, as part of the concept of nearshoring, which aims to derisk from China and reshore manufacturing. This trend began with President Trump's tariffs in 2018 and has been further facilitated by the United States-Mexico-Canada Agreement (USMCA), which allows duty-free trade between the United States and Mexico. As a result, there has been a surge in imports from Mexico, leading to Mexico's growing importance as a trading partner for the United States .
However, this increasing alignment with China has raised concerns for the United States. Senators Tom Cotton and Sherrod Brown have introduced the Stop Mexico's Steel Surge Act, whi...
#newstr #Mexico #China #Trade #Nearshoring #Usmca #Tariffs #Steel #Evs #DrugWar #Cartels