How Mexico Surpassed China as the Top U.S. Trade Partner | Wealth Wednesday

Welcome to a new weekly series we are launching on the Latin Wealth platform, Wealth Wednesday! On Wealth Wednesday, we will be discussing trending news, Latino culture and topics surrounding business, host by @chrisbelloso and @ricoramirez86.  

In this episode, we cover two significant stories that highlight the evolving relationship between Mexico and the United States, as well as the Harris administration's targeted outreach to bilingual Latino voters.

Mexico and the U.S.: The World's Largest Trade Relationship

Mexico and the United States share one of the most robust trade partnerships in the world, a relationship that has grown exponentially since the North American Free Trade Agreement (NAFTA) was implemented in 1994. NAFTA created the largest free trade zone globally, binding together the economies of Mexico, Canada, and the U.S., leading to massive economic growth for Mexico. The country’s economy has nearly tripled in size, thanks to its key role in U.S. and Canadian supply chains, particularly in manufacturing, agriculture, and high-value sectors like automotive technology.

In recent years, Mexico has even surpassed China as the top trading partner for the United States. We’ll dive into what this means for both countries, explore the types of goods that flow between Mexico and the U.S., and discuss how this trade relationship is critical despite ongoing political debates.

Harris Administration Targets Bilingual Latino Voters via WhatsApp

The Harris administration has launched a new bilingual WhatsApp channel specifically aimed at engaging Latino voters, marking the first time a presidential campaign has created a dedicated platform for this purpose. WhatsApp is widely used among Latino communities, with 54% of Hispanic adults in the U.S. reporting they use the app. This channel aims to provide behind-the-scenes information about the campaign, updates on initiatives to help Latino families, and combat misinformation, which has been a growing concern among Latino voters.

Misinformation has become a significant issue in recent election cycles, particularly within Latino communities who are more likely to encounter and share misleading information. The Harris campaign hopes this new channel will be an effective tool for delivering accurate information directly to voters, especially in key battleground states.

We’ll discuss the significance of this move, why WhatsApp was chosen, and the broader implications for digital campaigning in 2024.

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