US-Mexico trade ties remain strong despite tariffs and USMCA threats

"Mexico has consolidated its position as the United States' top trading partner, despite tariffs and repeated threats from President Donald Trump to withdraw from the USMCA trade agreement and to toughen measures against the country unless drug trafficking is curbed. In October, the Latin American country surpassed China and Canada as the leading exporter of goods to the U.S., with shipments reaching $48.52 billion in October 2025, a record figure representing a 6.7% increase compared to the same month of the previous year."

"According to U.S. trade figures, in the first 10 months of last year, Mexican shipments to Washington exceeded $448 billion, equivalent to 15% of total U.S. imports. Despite Trump's imposition of sectoral tariffs on steel and aluminum, as well as on products not covered by the USMCA, Mexico has weathered these storms and maintained its upward trend in exports to the U.S."

"Meanwhile, U.S. sales to Mexico also picked up in 2025. Through October 2025, U.S. exports to Mexico totaled $283.18 billion, slightly below shipments to Canada, another USMCA partner, which amounted to $283.85 billion. By contrast, China reported imports from the U.S. of just $90.91 billion over the same period. Amid the tariff war between the two countries, the Asian giant reduced its purchases from the U.S. market by 18% compared with the first 10 months of 2024."

Mexico consolidated its position as the United States' top trading partner in 2025, surpassing China and Canada. Mexican exports to the U.S. reached $48.52 billion in October 2025, a record and a 6.7% year-on-year increase, and amounted to over $448 billion through the first ten months, representing 15% of total U.S. imports. Mexico weathered sectoral tariffs on steel, aluminum, and other products, and maintained export growth. U.S. exports to Mexico rose to $283.18 billion through October 2025, nearly matching shipments to Canada. Mexican export gains include machinery, equipment, electrical material, and automatic data-processing machines (computer equipment).

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