Peña Nieto and Xi May Agree on BRICS, Disagree on Autos — Panjiva
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Peña Nieto and Xi May Agree on BRICS, Disagree on Autos

China 2977 Cons. Discr. - Autos 1184 Info Tech - Tech Hardware 801 Mexico 885 Trade Deals 1000 USMCA 456

President Peña Nieto and President Xi will meet to discuss trade between Mexico and China, among other matters, as part of a broader BRICS-oriented summit. Mexico’s exports to China have accelerated, rising 26% in the past quarter on a year earlier after growing by just 1% in the prior three years annually. While Mexico runs a significant trade deficit – around $22 billion in the past year – it does not have a deficit-centric trade policy and will be looking to increase exports. Current leading export lines from Mexico include semiconductors (26% of total exports in the past year), metal...

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