Mexico Replaces China as Top U.S. Trading Partner

Senior economist Luis Torres of the Federal Reserve Bank of Dallas noted on Tuesday that Mexico has replaced China as the top U.S. trading partner, racking up $263 billion in trade during the first four months of 2023. China had been the top American trading partner since 2014, when it displaced Canada.

MEXICO CITY, MEXICO - JANUARY 09: U.S. President Joe Biden and President of Mexico Andres