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Mexico and the US: A Renewed Alliance

From the Journal of Commerce:

Mexico is, dollar for dollar, the most dynamic U.S. export market. As the second-largest U.S. export destination, Mexico consumed nearly $200 billion in U.S. goods last year (more than China and Japan combined). In addition, last year’s $34 billion increase in U.S. exports to Mexico outpaced the value increase to all the priority export markets for Washington’s National Export Initiative.

The inclusion of Mexico and Canada in TPP membership will result in a 21st century trade agreement that encompasses 30 percent of the world’s GDP, 22 percent of world imports and 19 percent of world exports.

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