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Mexico gains from U.S.-China trade war; inefficiencies limit benefit


Abstract: A sequence of major economic and geopolitical events has reshaped the structure of global trade in the past decade. It began with U.S. imposition of tariffs on Chinese goods in 2018. The postpandemic followed with widespread disruption to global value chains—the process of manufacturing a product in stages across several countries.

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File(s): File format is text/html https://www.dallasfed.org/research/economics/2026/0512
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Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2026-05-12