Trump’s Threats Boost the Mexican Imports He Wants to Reduce
- Mexican manufacturing exports climb to highest in a year
- Weaker currency may be helping spur sales of non-oil goods
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Mexico surprised economists by posting a trade surplus in November as a weaker currency spurred demand for the manufacturing exports that President-elect Donald Trump wants to impede.
Latin America’s second-largest economy posted a trade surplus of $200.4 million, the nation’s statistics institute reported Friday, compared with the $900 million deficit that was the median forecast of 11 analysts surveyed by Bloomberg. None predicted a surplus, only the second of this year.