Mexico may be an unexpected winner of the US-China trade war

birds eye view photo of freight containers
Photo by Tom Fisk on Pexels.com

09/12/19 – CNBC

By Grace Shao

China and the United States are disrupting trade in much of the world with their trade war — but Mexico may be a winner.

Despite fresh hopes among investors for a peaceful conclusion, the trade conflict that began between the world’s two biggest economies more than a year ago shows no substantive signs of ending.

But amid all the chaos, Mexico is coming out on top, said John Murphy, senior vice president for international policy at the U.S. Chamber of Commerce. Mexico, he said, has been able to build on its emergence as a manufacturing hub “with free-trade agreements that offer guaranteed access to more than 50 foreign countries.”

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