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The United States has been bringing in a smaller share of its imported goods from China in recent years, in part because of Trump-era tariffs
The United States has been bringing in a smaller share of its imported goods from China in recent years, in part because of Trump-era tariffs and other restrictions on trade. One beneficiary of the shift has been Mexico, now a destination for more global factories hoping to serve the United States. Data released Tuesday showed strong growth in trade with Mexico last year, with exports rising 17.3 percent and imports 18.3 percent. The U.S. trade deficit with Mexico grew 20.7 percent to $130 billion. When economists calculate the gross domestic product, a measure of America's economic activity, they add exports to the national figures for government and private investment and spending, and subtract imports to estimate the value of the goods and services that are produced in the United States
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