Mexico News Daily reports that Mexico’s Secretariat of the Treasury and Public Credit has confirmed a significant shift in U.S. import patterns, with China’s share steadily declining as global supply chains adjust.
Between 2018 and 2024, China’s exports to the U.S. fell by 18.5 percent, from $538.5 billion to $438.9 billion. Its share of total U.S. imports dropped 7.8 percentage points, reaching 13.4 percent.
Mexico captured about 24 percent of the market share China lost, becoming the largest source of U.S. imports with 15.5 percent of the total. Vietnam also expanded its share during this period.
Observers point to U.S. tariffs on Chinese goods, introduced under the Trump administration and largely sustained under Biden, as key drivers of this shift. These measures have accelerated the relocation of supply chains to Mexico and Southeast Asia. Some Chinese firms have reportedly resorted to “origin washing,” rerouting goods through third countries to evade tariffs.
Analysts suggest this trend reflects a growing U.S.–China economic decoupling, reshaping global trade flows and strengthening nearshoring strategies within North America.
Source: Epoch Times, September 27, 2025
https://www.epochtimes.com/gb/25/9/26/n14603521.htm