The combined U.S. trade deficit with USMCA trade partners Mexico and Canada now exceeds the U.S. deficit with China, according to my analysis of U.S. Census Bureau data through May released Thursday.
Canada trade deal that cut out Mexico. Prime Minister Mark Carney is visiting President Claudia Sheinbaum to mend ties.
Note: President Trump announced shortly after this article was completed that he had backed off his 30% tariffs on imports from Mexico that were due to go into effect Friday and offered a 90-day pause ...