Hey there! Mexico’s trade surplus with the United States has skyrocketed to a record high this year, even with Washington rolling out new tariffs. Simply put, Mexico is exporting more goods to the US than it’s importing—creating a gap that now tilts in Mexico’s favor. 📈
What’s a “trade surplus“? It’s when you sell more stuff to another country than you buy from them. Imagine you’re making and selling more custom phone cases on an online marketplace than you’re spending on orders—you’ve got a surplus! 📱💰
Despite the US adding extra fees on some Mexican products, exports—from cars and electronics to fresh avocados—have been on the rise, outpacing imports. This boost is a big deal for Mexican businesses and might shift how both economies play together in the global market. 🌎⚖️
Keep an eye on this trade story—it could ripple through global supply chains and even affect the gadgets and snacks we love. Stay tuned! 🔍✨
Reference(s):
cgtn.com
