The Unexpected Winner of Rising American Tariffs 

“When President Trump began raising tariffs earlier this year, government officials and economists feared Mexico’s export-led economy would take a devastating hit. Instead, Mexican exports to the U.S. have grown,” the Wall Street Journal reports.

“Because Mexico’s ultimate tariff rate ended up lower than for most other countries, the disparity has helped Mexican exports fill some of the gap left by Chinese products subject to higher levies.”

“Producers seeking a foothold in the U.S. have said that Mexico still has all the inherent advantages it had before tariffs—proximity to the U.S., a low-cost manufacturing industry and a frayed but intact free-trade agreement.”