Mexico Is Facing a Second — and Worse — ‘China Shock'
The US and Mexico are each other's largest trading partners, exchanging more than $800 billion worth of goods and services back and forth each year. Intermediary goods lead these exchanges, with circuit boards, engines and other parts coming together in the form of vehicles, electronics and planes. Atop these North American manufacturing supply chains are cross-border sales of fuel, grains, produce, machinery and medical devices.
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