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BREAKING NEWS: Mexico supplants China as #1 U.S. trading partner

The ongoing trade spat with China – and the subsequent U.S. tariffs on over $500 billion of Chinese goods has had another effect on the relationship between the two countries.

For the first six months of 2019, Mexico supplanted China as the top trading partner of the United States. 

For the first half of the year, imports from China decreased 12 percent. In the same period, U.S. exports to China decreased 19 percent. The U.S. Department of Commerce reported that for the six months of the year, the total value of the bilateral trade of goods between the U.S. and China was $271.04 billion. 

This amount was less than the U.S. bilateral trade amounts with both Canada and Mexico – the first time this has occurred since 2005. 

The net result of the downturn in U.S.-China trade means that Mexico was the largest trading partner of the U.S. for the first half of 2019.Look for further coverage of the trade issues between the U.S. and China – as well as their impact on the freight economy – from FreightWaves.

One Comment

  1. Jimmy Wells

    Once step closer to the creation of the, “North American Union”. Globalist will stop at nothing until they achieve their goal of global governance and the new world order.

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Scott Mall

Scott Mall serves as Managing Editor of FreightWaves Classics. He writes articles for the website, edits the SONAR Daily Watch series, marketing material for FreightWaves and a variety of FreightWaves special projects. Mall’s career spans 45 years in public relations, marketing and communications for Fortune 500 corporations, international non-profits, public relations agencies and government agencies.