The Rio Times
Americas · 1 hrs ago
Vietnam Just Passed Mexico as America’s Biggest Trade Gap
Trade Key Facts —The new order. In May the largest American bilateral deficits were with Vietnam ($20.6bn), Mexico ($20.1bn), Taiwan ($19.4bn) and China ($14.5bn), on a balance-of-payments basis. —The Mexican jump. Mexico’s deficit widened by $5.3bn in a single month, from $14.8bn in April. Its exports to the United States fell while its imports rose. […]
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