Last year, Mexico surpassed China as America's largest bilateral trading partner, a shift attributed to China rerouting more of its exports to the U.S. through Mexico, as reported by @FT. This strategy allows China to circumvent the steep tariffs imposed by the Trump administration, which have been retained under President Joe Biden's tenure. The change in trade dynamics has prompted the Biden administration to re-examine its stance on tariffs, with officials looking into the matter as part of a broader review, according to @CFR_org. Additionally, the administration is scrutinizing Nippon Steel's connections to China, which could affect its attempt to acquire US Steel, highlighting the complex interplay of international trade relationships and policies.
The Biden administration is examining Nippon Steel’s connections to China, a potential stumbling block for the Japanese firm's bid to buy American rival US Steel https://t.co/g5Q4ludUoS
🔴 BIDEN OFFICIALS ARE TO EXAMINE HOLDINGS AS THEY WEIGH CHINA TARIFFS.
"China is shipping more goods to the US via Mexico, circumventing steep tariffs imposed by the Trump administration & retained by Joe Biden’s White House" https://t.co/ds4b59iaFN "Reducing reliance on China is an easy soundbite for politicians, but the reality is very different" https://t.co/V8GXlQp9Xb
BREAKING: The Financial Times reports that 'China is shipping more goods to the US via Mexico, circumventing steep tariffs' imposed by the Trump administration and kept by President Biden
China circumvents US tariffs by shipping more goods via Mexico via @FT https://t.co/NdTC6rw7Up
Why U.S. Imports From Mexico Surpassed Those From China https://t.co/wFfNpSwIvA via @CFR_org
China is shipping more goods to the US via Mexico, circumventing steep tariffs imposed by the Trump administration and retained by Joe Biden’s White House. The rise came as Mexico overtook China as the biggest exporter of goods to the US last year. https://t.co/Sq6cDQMy8h https://t.co/QirMDuDKlX
Trump on Biden keeping China tariff’s during second term: “I think he’d remove them.” https://t.co/fsloRQ2gvw
ICYMI: #Mexico takes China's crown as America's biggest bilateral trading partner https://t.co/0qwlRqmZzu