Lena Petrova: Mexico Joins US in Trade War on China as American Consumers Fear More Inflation

The global trade landscape is undergoing a potential seismic shift as Mexico appears to be aligning with the United States in a more confrontational stance towards China, rekindling concerns about a widening trade war and its potential inflationary impact on American consumers. Former President Trump’s imposition of tariffs on Chinese goods initiated a period of heightened trade tensions, and while President Biden has maintained many of those tariffs, a new dynamic appears to be emerging. Recent reports suggest increased collaboration between the US and Mexico in deterring Chinese investment and manufacturing within North America, fueled by concerns over national security…