Economy
Can Trump’s tariffs on Mexico save the US auto industry?
Considering the significant gains Mexico has made with its domestically produced cars and the growing trade imbalance with its northern neighbour, it is unsurprising that US President Donald Trump is imposing strict tariffs on Mexico, according to academic Liu Xuedong. How can Mexico navigate these challenges, and will the tariffs be effective?
Liu Xuedong
Economy
China-Mexico-US trade relations remain evermore interdependent
Talk of relocation of supply chains and geopolitical tensions notwithstanding, China, Mexico and the US have been in an interdependent trade relationship for a long time, says academic Liu Xuedong. In particular, Mexico's sales destined for the US market are very much dependent on purchases from China. Even Chinese manufacturing firms who have moved to Mexico may find that China and Mexico's trade relationship remains evermore interdependent.
Liu Xuedong