Mexico takes the US side in potential trade battles with China and seeks to boost local content

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Economic Times Logo Economic Times 8h ago

Mexico takes the US side in potential trade battles with China and seeks to boost local content - Economic Times

Quick Summary:

Mexico once largely exported oil to the United States, but now manufacturing exports of products like cars, trucks, machinery and appliances dwarf the oil trade.

Deploy this strategy in Nifty to make potential gains from a rangeSBI notices intriguing detail in RBI's latest GDP forecast, flags a "rare, unprecedented" possibilityGR Infraprojects shares jump nearly 6% after securing Rs 903.

He said Mexico’s domestic content in manufacturing exports is currently less than 20%, and that Mexican officials are looking at “how we can reduce all the imports we have, that is, to increase domestic content in any way we can.