All of this action by Mexico to aid us has its root in just one area,trade.
The reason Mexico folded so quickly when Trump threatened tariffs is because Mexico violated one of the cardinal rules of business and that is, “Don’t put all your eggs in one basket”. We currently buy 80% of all items Mexico exports and any tariffs would have a huge and immediate impact on Mexico as American importers would quickly find other sources for the goods we import from Mexico which are mainly agricultural.
Thanks for explaining this in a short and succinct way:
All of this action by Mexico to aid us has its root in just one area,trade.
The reason Mexico folded so quickly when Trump threatened tariffs is because Mexico violated one of the cardinal rules of business and that is, Dont put all your eggs in one basket. We currently buy 80% of all items Mexico exports and any tariffs would have a huge and immediate impact on Mexico as American importers would quickly find other sources for the goods we import from Mexico which are mainly agricultural.