How China is using Mexico as a backdoor to avoid U.S. tariffs

For the first time in more than two decades Mexico overtook China as the largest importer of goods to the U.S. Mexican goods imported to the U.S. totaled $475 billion in 2023 about $20 billion higher than the previous year. Fueling that trend are simmering trade tensions between Beijing and Washington, an effort to bring U.S. imports closer to home and a burgeoning Mexican manufacturing base. And on top of that, to avoid tariffs, Chinese companies are using Mexico as a backdoor to the U.S.