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  1. nosotros_road_sodium on

    Gift link. Excerpt:

    > 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.

    > Producers seeking a foothold in the U.S. have said that Mexico still has all the inherent advantages it had before tariffs—proximity to the U.S., a low-cost manufacturing industry and a frayed but intact free-trade agreement.

    > Even with steep tariffs on autos, steel and aluminum bound for America, Mexican manufacturing exports to the U.S. rose almost 9% from January to November, compared with the first 11 months of 2024, according to Mexican government data. Auto-industry exports to the U.S. fell close to 6% during the period, but exports of other manufactured goods surged 17%.

  2. Sunnydaysomeday on

    Canada is doing better than expected too. We’ve just shifted to other markets and had strong buy Canadian campaigns.

  3. Gunslingerofthewildw on

    Yup! And, conversely, the unexpected losers of rising American tariffs are…”*checks notes*”…Americans.

    Just making America great again.

  4. Jack_Of_The_Cosmos on

    This happened during Trump’s first term as well during his big “trade war” with China. Wouldn’t say unexpected when it happened twice, but it is ironic and typical of this clownshow admin.

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