To learn more, “Marketplace Morning Report” host David Brancaccio spoke with Zanny Minton Beddoes, editor-in-chief of The Economist magazine.

In recent years, Mexico has become a key outpost for Chinese firms looking to expand their manufacturing centers closer to the American markets.

Whether Sheinbaum follows her predecessor’s lead or strikes a new path could have significant implications for the U.S., particularly for Texas.

President-elect Claudia Sheinbaum must grapple with a hefty budget deficit, brought about in part by spending on infrastructure and social programs.

The things we buy from China and Japan became cheaper in March, while prices rose on automotive goods and energy from Mexico and Canada.

We bought more imports from Mexico — and Chinese companies have been investing heavily there.

The cost of Mexico’s 1,500-kilometer train line has ballooned to more than $28 billion.

Imported avocados make up roughly 90% of U.S. supply — most are from Mexico. Many of these fruits pass through the Port of Laredo, which has seen recent growth in cold chain infrastructure.

The changes mean that Mexico can’t drill for as much oil, just as the world is seeking alternate sources to Russian oil because of the war in Ukraine.

After a pandemic, trade war and rising wages, many manufacturers have been looking for other options outside of China.