US-Mexico trade growth to remain steady in 2023, bolstered by nearshoring

2022 was a critical year for trade relations between the United States and Mexico, bolstered by improving supply chain conditions and resilient U.S. demand for Mexican-made exports.

Business ties and investment links between the two countries remained strong throughout the year, despite being tested by everything from supply chain disruptions to chip shortages and trade disputes

For the first 10 months of the year, cross-border commerce between the U.S. and Mexico totaled $656 billion,...

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