AMERICAN SHIPPER: Mexico is again the top trading partner of the United States, with two-way trade totaling $290.6 billion from January through July.
The ongoing US-China trade spat and subsequent U.S. tariffs on $500 billion of Chinese goods, helped catapult Mexico back to No. 1 in July.
According to data released Thursday by the U.S. Census Bureau, Mexico’s exports to the U.S. totaled $173.1 billion for the first seven months of the year. Mexican imports from the U.S. totaled $117.5 billion during the same period.
Canada was the second-ranked trade partner for the U.S. through July, totaling $288 billion, followed by China at $280 billion.
From January through June, China was the U.S.’s top-ranked trade partner, as U.S. trade with Mexico declined from the shutdown of the cross-border automotive production industry in April and May.
Editor’s Note: The above news clip comes from American Shipper. To read the full story, click here. The story, written by reporter Noi Mahoney, includes information about the Top 10 U.S. trade ports with Mexico. Port Laredo is No. 1, with $105.45 billion. Pharr International Bridge is No. 4, with $17.26 billion.
Editor’s Note: The main image accompanying the above news clip shows trucks waiting in a queue for border customs control to cross into the U.S., at the Zaragoza-Ysleta border crossing bridge in Ciudad Juarez, Mexico on June 1, 2019. (Photo: Reuters/Jose Luis Gonzalez)
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