Better coordination is key to reenergizing US-Mexico trade
“Mexico and the United States are striving to reopen their integrated supply chains while grappling with the COVID-19 pandemic. Mexico is the United States’s biggest trading partner and the U.S. buys about 80 percent of Mexico’s imports.
The two countries, along with Canada, also plan to launch the new North American trade agreement — USMCA — on July 1. That could help the continent’s economies rebound from the pandemic. To maximize the impact on jobs and prosperity, however, USMCA’s launch and reopening supply chains need to be managed well. ..”