Reported about 9 hours ago
In July, cross-border trade between the U.S. and Mexico increased by 5% year-over-year, reaching $74.4 billion, thanks to strong retail demand and nearshoring trends despite the introduction of new export rules by Mexico. The new regulations, effective August 11, mandate automatic notices for shipments of certain industrial goods, aiming to enhance oversight while maintaining trade flows. Meanwhile, economic growth in Mexico and continued foreign investment underscore its status as the U.S.'s primary trading partner.
Source: YAHOO