Mexico Is America's Biggest Importer Beating China

us imports from Mexico has taken the number one spot and beaten the imports from China for the first time in 20 years David what does this all mean it means that for a while they like to eat bza but now they like to eat tacos maybe I should open a taco stand um basically it says us imports from Mexico beat China for the first time in 20 years with 476 billion crossing the southern border while goods from China slump 20% to 427 Billy and Andrew there's a ton of reasons for this a ton of people are talking about the implications over here over there make sure you like subscribe turn on your notifications cuz we're going to break it down but guess what they need to check out too you know what doesn't need to be imported from Mexico though because it's made in America it's small ass sace guys it is sold out right now but we are restocking soon so stay tuned for that yeah I mean let's just take a look us trade with Mexico and China they're kind of tracking with each other Co it takes a huge dip and then boom Mexico keeps on soaring to 69 billion China now down at 47 billion so those are the trend marks a lot of people are talking about geopolitical relations the cost of shipping has gone weighed up and or China's actually on the other side of the globe Mexico part of North America so there's just a ton of reasons with a ton of implications right well you know what uh first of all I think it makes sense because China Rel and US relations has has only soured more and made it harder right but something that people a lot were talking about in the news New York Times a lot of articles that come out in this past couple years talking about how a lot of the factories in Mexico are owned by Chinese or Taiwanese right or Taiwanese so they're basically from Asia these Asian manufacturers a lot from China mov their manufacturing to Mexico to make the goods for America so what happened was obviously When Donald Trump became president he did go harder on China so then that caused a lot of Manufacturers a surge of Manufacturers from China like furniture makers uh fridge brands that were like oh okay well we should move like our manufacturer to Mexico so that we can produce it still for cheap and the shipping cost is uh smaller and it's faster to ship and there's less controversy and then we'll just get it straight into America right so some people are saying that it's a way for like Factory owners or companies to circumvent the new taxation rules right because there's a lot of tariffs and stuff like that coming from China but there's no tariff on a chinese-owned business in Mexico in La Vietnam Cambodia Thailand Etc right so basically it it's like Chinese manufacturers moving to other countries that have better relations with America so that they don't have to deal with the China us thing cuz they're like hey man like they're just like hey you know I just want to sell Furniture like I don't want to be political you know I'm not part of this thing I just want to make things in some country and and sell to America goodbye shanan hello monter um I'll say this at the end of the day though it still does benefit the Mexican economy because the people in the factories will be local workers it's not like they're going to import a bunch of Chinese to work at the factories in Mexico right I'm sure the head of the factories that are Chinese are probably still maybe Chinese or or Spanish-speaking Chinese or or maybe Chinese Americans or Chinese Mexicans that already grew up in Mexico that the language and the culture and they're hiring them but yes I believe a lot of the factory workers are Mexican so so it's in a way my question is this are you should Mexico should be happy right that a lot of these factories are moving in right because that's well I think ultimately it stabilizes more of a lower middle class or you could depends obviously on what type of factory job maybe a quasi lower middle class versus a higher low class you know what anybody wherever the factory work like slots into the income dist even if it's good factory work let's just say it strengthens the middle class I'll tell you this if anything it crunches the factory worker tier in China a lot right because those jobs will go to Southeast Asia and to Mexico etc etc so maybe the people who are losing out on this the most are Chinese Factory workers who are having trouble finding work in China right right right I mean I guess like uh there's a lot of things that are involved in this and it's so interesting because this involves even the war in uh isra versus Gaza uh Ukraine versus Russia this threw off the timeline for a lot of global Shipping because a lot of global Shipping and you have to go into other Count's Waters if those other countries have like chosen aside that technically makes them involved in the conflict that means uh a lot of shipping routes they got to go like way around another Pathway to avoid a conflict zone so so there's it has to do with like Global instability it has to do with supply chain value chains wait wa wait people specializing in different Industries for different countries let me get this right when you're saying in a time of conflict or War amongst countries then all of a sudden those countries have to start looking at their alliances and being like oh you know what my friends are beefing with that guy but your friends with that guy so if you want to ship your stuff I'm going to make it hard on you essentially well yeah I don't know yeah for sure but it just creates a lot of volatility for people who are just shipping stuff around the world they don't like it they want peace they want Harmony right that's good for business um yeah let's just get into the comments section somebody just said you know well it doesn't matter because the Chinese are going to own all the parts even if it's assembled in Mexico they put a slap of Mex made in Mexico sticker on it where did all the parts come from the components yeah yeah well I mean that's the aspect of it I'm sure it's it's true for some things but it it's not as true for other things right you know Mexico doesn't have the same relation uh tension with China as us does but Mexico is more friendly with America obviously being the neighbor right this guy said fix immigration man bring the workers here so we can build rebuild our manufacturing base we've got to grow the GDP and rebuild the middle class and somebody said yeah it's not really about America growing its GDP it's about how much America spends like America still by far makes the most money out of any country right in the world but it's just spending a lot right now like like even more than it's right right right so I mean I guess it's kind of like Andrew you're everybody's got one friend who makes a lot of money and they're still always broke because they're living a super lavish lifestyle right it's not about how much money you make it's about how much money you keep someone just said uh go to Walmart and Target see how many things there are made in Mexico versus China someone said but uh look at the fruit and vegetable aisle it is true that the fruit and vegetables much more likely to come from Mexico than from China for sure yeah yeah yeah um somebody just said uh you know it's all about subcomponents somebody said 71% of CEOs are Republican man it's who they decimated America with all the job Outsourcing who's Andrew who is to blame for it some people want to dial it back cuz even though now China's Outsourcing to Mexico and then shipping it back to the us some people are saying who's responsible for the manufacturing leaving in the 70s and 80s in the first place I don't know if it's productive to try to blame each other because I think everybody has blame to go around but I think everybody's just arguing and debating about percentages like everybody whether democrat or republican it wasn't just one Republican president and one Republican CEO it wasn't just one Democrat CEO and one Democrat president that led all these things right to this point you know so I don't know I feel like people want to act like they didn't have the foresight but now can we set set our differences aside and just do what's best for America you're saying what's the point of yelling about the manufacturing like pretty much for sure leaving by the year 2000 the blame game you know what I mean like I don't I what's so productive about the blame game yeah I mean it probably has to do with the US dollar being the foreign Reserve currency right and then it became powerful and you were able to regulate but then it made it too expensive to manufacture and all this there's there's that reason and then a bunch of other ones dude of course if you move manufacturing overseas that's in a that Americans are going to do higher level work you mean not want to do the factory work anymore right like they don't even want those manuf there is a there is a population in America that are probably could work in the factories and would take that job you mean like Eminem in eight miles yeah well I mean I don't are youer let's be honest you're talking about Detroit I'm not saying sh it's Detroit only but I'm just saying there's people in America who probably could use those jobs but but since we're moving them out you know I mean that's what happens right well don't act don't well don't act surprised is what I'm telling people I don't want to be a nerd I don't want to be a little nerdy quty nerdy tapping on querty um somebody just said this is great news man let's put china where it belongs and someone said yeah put them in Canada and Australia where they already took over obviously that's another joke about like Vancouver housing prices I'll say this man in my opinion if America is like super capitalistic everything about like I'm not saying China's cool or has like the soft power but I'm saying everything about them becoming the like by far A1 dominant manufacturing thing it literally was a function of capitalism they had the most people that was willing to work really hard hours for relatively cheap to produce you know otherwise the iPhone's going to be like $4,000 if they had to amortize the R&D you know whatever Plus us Western labor cost so I'm saying 4,000 like yeah no literally iPhone would be $4,000 so I'm saying if we were to make them in the US so I'm saying what this was the way that capitalism broke down so it's like when you're saying like does anybody deserve this or deserve that I'm like man I always just say anybody who signs up to do the work for cheaper and it's like good enough or the best work for cheaper they're going to get the contracts well this is also yeah globalization I mean listen you can hire uh somebody design something and they can be in the Philippines or colia and you can hire them for you're talking about like Fiverr and stuff right a third of the work yeah for a third of the price and I'm not saying that it's better than working with someone sitting down with them at a coffee shop in New York but it'll definitely be cheaper bu a lot Yeah by a lot it might be worth it so I think that uh I guess like is this a piece of news that people are emotional about like are people like let's say David let's say we're we're being that typical let's put our minds into like a typical like I guess extreme right-wing American Cletus from Omaha are they happy to hear that the Mexico Imports are above China right it's better right yeah lot tacos is better than them little dumplings or whatever things they be eating with the Chopsticks so are you guys happy I don't know let me know in the comments down below like who's are you guys happy or you guys just don't I don't know do you have any opinions on this news because I guess even though a good number of the factories may be owned by Chinese and Taiwanese uh and and a lot of that that money is still going back to a Chinese person but it's employing Mexican people Mexican citizens in Mexico so I guess like that's good for them yeah I mean I think the truth is there's a lot of variability and things don't really like impact a whole country the same anymore I think it matters so much more nowadays what Fishbowl you're from than it it did ever before because there's so much variability and there's a lot of variability on what are going to happen to countries like are the countries going to specialized like you said are they going to upskill or up educate you know what I mean some do some don't right um I think it's always like this at the end of the day it's sort of like the there's like everything that's happening in the world on these macro trillions of dollars GDP scale it's like a chef a chef is cooking this dish but Andrew every human is like belonging to a different ingredient and sometimes we're the main star of the show we happen to be the piece of steak and the chef is cooking a steak that day but sometimes we might be the onions and the carrots and the onions and the carrots they're just used to soak up some spices and they get kicked out of the the dish before it's even served so I'm saying it just depends on what ingredient you are but the chef the chef's kind of cooking what it's cooking but we're all just ingredients in this big old world of ours anyway guys let us know what you think about Mexico becoming the number one impor to the US overtaken China first time in 20 years good bad this that let us know in the comments section below until next time with the Hop poop boys we out peace