For the First Time Since 2003, the US Is Importing More Goods from Mexico than China

2023-10-02 1,679

This shift of a decades long trend comes amid heightened economic and geopolitical tensions between the US and China. As a result, US companies have been diversifying their production out of China. Even Apple, which makes most of its products in China, is starting to diversify its supply chain out of the country and into a number of others throughout Asia.

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