Key Trade Developments Between the US and Mexico in 2024

Reported 1 day ago

In 2024, Mexico solidified its position as the top trading partner of the U.S., with bilateral trade expected to exceed $800 billion, driven by automotive goods and various imports. However, challenges such as rising cargo theft, driver labor disputes, and potential tariff impacts from President Trump’s plans have caused uncertainty in the trade landscape. Despite security efforts reducing theft incidents and the launch of innovative freight platforms, ongoing protests and unrest at border bridges have disrupted logistical operations.

Source: YAHOO

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