“The United States and its USMCA partners’ total trade of goods and services exceeds $1.8 trillion, with a growth of over 50% between 2021 and 2023 (USTR, 2024). Today, the region goes beyond simple trade transactions to a co-production system. This results in a shared value model, contrasting with trade relationships involving economies like China or Vietnam, where integration is lower.”
Mexico Institute/Wilson Center