Cross-Border Trade Tops $84B in March as USMCA Talks Heat Up

Mexico remained the largest U.S. trading partner in March, totaling more than $84 billion in two-way commerce as cross-border freight flows continued to outpace trade with Canada and China. The continued strength in cross-border freight comes as manufacturers and importers increasingly rely on nearshoring and regionalized supply chains to reduce exposure to tariffs and geopolitical risks in Asia. Read more here.