Trump Is Right About Mexico Trade -- Just in The Wrong Way

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Every week, hosts Dan Moss, Kate Smith and Scott Lanman bring you a jargon-free dive into the stories that drive the global economy.

Donald Trump says Mexico is eating America's lunch on trade. True -- And breakfast and dinner too! That's right: Bloomberg's Nacha Cattan's trip around Mexican retailer Selecto reveals an array of made-in-USA goods and produce that are flying off the shelves. Mexico's rapidly expanding middle class dines on U.S. steak, fruit, cookies and whet their whistle with soda, beer and hot chocolate all made in the USA. Selecto imports up to 15 percent of its inventory, most of which come from north of the border. Nacha explains to Dan and Kate how the integrated supply chain can't easily be undone by politicians and how -- if they were to succeed -- they would hurt American consumers and businesses at least as much as anyone else.

 

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