MEXICO REPLACES CHINA AS AMERICA’S TOP TRADING PARTNER, SHOWING HOW THE GLOBAL ECONOMY IS RAPIDLY TRANSFORMING
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According to a new post from Luis Torres of the Federal Reserve Bank of Dallas, Mexico has once again cemented its place as America’s top trading partner with $263 billion worth of goods passing between the two countries in the first four months of 2023. Trade with Mexico accounted for 15.4% of all the goods exported…