Trade with Mexico up as Asia, Europe falters

Commercial trucks enter the U.S. from Mexico at the Santa Teresa port of entry in early September. (Roberto E. Rosales/Albuquerque Journal) ALBUQUERQUE, N.M. — New Mexico exports to Mexico are headed for another record high this year, growing 11% from January-June, compared with the first half of 2019.

In contrast, trade with Asian and European countries is down substantially, likely hindered by logistical disruptions and economic fallout from the global pandemic, plus President Donald Trump’s ongoing trade war with China.

Exports to Mexico have grown dramatically over the past decade, especially last year, when sales south of the border leapt to […]

Source: www.abqjournal.com

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