Publish in Special Reports - Thursday, February 9, 2017
The US deficit with Mexico grew last year because of US exports underperforming US imports. Here trucks crossing the US border. (Photo: US Department of Transport)
US trade deficit with Latin America jumps 45 percent.
BY LATINVEX STAFF
Contradicting the thesis of US President Donald Trump and his protectionist plans against Mexico, the US trade deficit with Mexico and Latin America grew last year due to US exports falling faster than US imports, according to a Latinvex analysis of US Census Bureau data.
Trump has repeatedly attacked the US trade deficit with Mexico and vowed to implement a 20 percent tax on imports from the country as a way to reduce or eliminate that deficit.However, experts warn that Trump’s policies on Mexico are..
Keywords: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela.
US-Latin America Trade (2016)