"For the first time in more than two decades, Mexico has bypassed China as a leading source of goods imported by the United States. This fundamental shift reflects the tendency associated with the growing tension between Washington and Beijing, as well as the US efforts to import from the more friendly and close to the US territory." Opinion.
The data published by the US shows that the value of goods imported by the United States from MEXICAL from 2022 to 2023 increased by almost 5% and was more than $ 475 billion. At the same time, the cost of Chinese imports dropped by 20% to $ 427 billion.
Before that, the last period when Mexican goods imported by the United States exceeded the cost of imports from China in 2002.
For the first time in more than two decades, Mexico has bypassed China as a leading source of goods imported by the United States. This fundamental shift reflects the tendency associated with the growing tension between Washington and Beijing, as well as the US efforts to import more friendly and more close to the US territory.
The Trump administration began to set tariffs for Chinese imports in 2018, citing that Beijing's trade practice violates global trade rules. Biden retained these duties after joining the position of 2021, making it clear that it was not a impulsive decision of the previous administration, but is part of the national strategy and that the antagonism in China remains the rare sphere where the two -parliament consensus of Democrats and Republicans will be preserved.
In addition, Baiden's administration urged companies to look for suppliers in the Union countries ("Friend-Shoving") or return production to the United States ("Resroshering"). Delivery chains related to the Covid-19 pandemics have only incentives for US companies to seek supply closer to the US ("Near-Shoring").
Against the background of increased problems in the Chinese economy, this is an additional factor that will push China to expand its commodity expansion in the Eurasian region. Otherwise, China (available mode) simply will not survive. And this, for its part, creates new geopolitical risks associated with the control of transport and logistics routes and struggle for influencing the foreign policy of European, Asia and Africa. The fundamental shift began.
