U.S.-Mexico Trade Relations (CRS Report for Congress)
Release Date |
Revised June 6, 2024 |
Report Number |
IF11175 |
Report Type |
In Focus |
Authors |
M. Angeles Villarreal |
Source Agency |
Congressional Research Service |
Older Revisions |
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Summary:
The U.S.-Mexico economic and trade relationship is of
interest to Congress because of Mexico’s proximity to the
United States, the extensive bilateral trade and investment
relationship under the U.S.-Mexico-Canada Agreement
(USMCA), and the strong bilateral cultural and economic
ties. The United States shares strong trade ties with Mexico
and any disruption to the economic relationship could
adversely affect investment, employment, productivity, or
North American competitiveness (see CRS Report R42917,
Mexico: Background and U.S. Relations). Policymakers
may consider how to improve cooperation with Mexico in
areas of mutual interest, including economic
competitiveness, trade facilitation, energy security, and
endeavors such as the U.S.-Mexico High-Level Economic
Dialogue and the North American Leaders’ Summit.