The Unexpected Winner of Rising American Tariffs… Is Mexico
By Santiago Pérez and Anthony Harrup for The Wall Street Journal
Its exports to the U.S. have surged since President Trump imposed new duties on countries this year,
MEXICO CITY—When President Trump began raising tariffs earlier this year, government officials and economists feared Mexico’s export-led economy would take a devastating hit. Instead, Mexican exports to the U.S. have grown.
Because Mexico’s ultimate tariff rate ended up lower than for most other countries, the disparity has helped Mexican exports fill some of the gap left by Chinese products subject to higher levies.
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