MEXICO: They are beating us economically. They are not our friend, believe me. But they’re killing us economically. In his presidential bid announcement on June 2015 businessman Donald Trump managed to not only insult Mexicans and Latin Americans by generally calling them rapists and drug traffickers
Leading Mexican mogul Carlos Slim NBC and Univision to cancel TV deals with Trump but also committed several factual mistakes as relates to US business with Mexico. Facts: US exports to Mexico are growing faster than imports from Mexico.
US exports to Mexico increased 6.3 percent last year to $240 billion, while imports grew 4.9 percent to $290 billion. If Trump was referring to the US trade deficit with Mexico, it is worth noting that Mexico is the only major US export market that also buys heavily from the United States.
