Exports from Mexico to the United States grew at a year-on-year rate of 18.3% in 2021, to 384,705.5 million dollars. On the one hand, this result was the first for a full year of the Treaty between Mexico, the United States and Canada (USMCA), which began operating on
Close behind each other, Canada, Mexico, and China ranked as US’s top trading partners in 2021. The Census Bureau reported on Tuesday that Canada was placed in the first position with 14.5% of the total merchandise trade of the United States (imports plus exports). Globally, US trade in
The US government has agreed to grant a quota for steel imports from Japan, partially resolving a bilateral dispute. While removing the current 25% tariff in general, the agreement establishes a quota to import, duty-free, up to 1.25 million metric tons of steel from Japan. Above that volume,
The Port of Liverpool gained market share from Grupo Sanborns (a subsidiary of Grupo Carso) and El Palacio de Hierro in 2019 and 2020. To specify: the measurement takes into account the participation in sales as of December 31 of each year only of these three companies, the
In 2020, Chinese companies produced just 5.9% of the semiconductors used in China, with foreign-owned companies in China producing an additional 10%, according to a report by market research firm IC Insights. Despite the massive investment and with the above couple of indicators, the United States-China Economic and
State-owned miners Aluminum Corporation of China, China Minmetals and Ganzhou Rare Earth Group have reorganized their rare earth mining and production assets into a new Jiangxi province-based entity called China Rare Earth Group. In so doing, China further consolidated its rare earth industry, approving a three-party merger to