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US Trade Shifts: Mexico & Asia Rise by Souvik Dey is a document available to read on EtoBox.
What is US Trade Shifts: Mexico & Asia Rise about?
China is losing its status as the largest supplier of manufactured goods to the US, with Mexico and other Asian countries like India and Vietnam emerging as key alternative suppliers. Between 2018 and 2023, US imports from China decreased significantly, while imports from Mexico surged by 46%, particularly in the automotive sector. Despite these shifts, China still dominates the US electric vehicle supply chain, accounting for over half of US battery imports in 2023.
- Author
- Souvik Dey
- Language
- EN