U.S. Imports From China Plunging; Mexico, Near-Shoring, Not Big Winner
As China’s percentage of U.S. trade has fallen precipitously, a look at the affected imports shows that Vietnam — and not Mexico, not 'near-shoring' — is benefitting.
As China’s percentage of U.S. trade has fallen precipitously, a look at the affected imports shows that Vietnam — and not Mexico, not 'near-shoring' — is benefitting.