mexico-china trade – Charm

Mexico captured 24% of US import market that China lost between 2018-2024

Cs news2 months ago011 mins

China’s loss is Mexico’s gain. Between 2018 and 2024, the value of China’s exports to the United States declined by 18.5%, falling from US $538.5 billion in the former year to $438.95 billion in the latter year. China’s share of the U.S. market for imports declined significantly as a result. According to Mexico’s Finance Ministry…

Sheinbaum rejects China’s charge that Mexico’s tariffs are coerced

Cs news3 months ago06 mins

After China criticized a proposed tariff hike on car imports from Asian countries that would have considerable impact on China, President Claudia Sheinbaum said her administration would seek to address the Asian giant’s concerns. However, the president pushed back on the Chinese Foreign Affairs Ministry’s accusation that the announced tariffs were “taken under coercion to…