| Pemalite said: 1.South America and in particular Brazil could be a bright spot for Mexico going forward. 2.Australia had declining trade with the USA for years, so we got closer with China... And the end result is, we didn't go into recession during the Financial Crisis because we weren't reliant on them. Now with our Manufacturing having imploded, resources in decline our economy is starting to transition again and looking towards Indonesia, Vietnam and other emerging economies for leverage. |
1. Not at all. They are actually more a competitors ( lets say one milk producer is leaving a milk buyer and try to sell its milk to another milk producers ) than partners. Brazil accounts only for >2% of Mexico trade and there is a reason for it.
For everyone who thinks that Mexico can do anything with Trump's wall
2. Yes, Austrialia is slowly entering China's sphere of influence ( 1st buyer of coal if we count China+Taiwan as one country ) and that's natural and very good, wise process. China is simply more reliable than US now. If not that 2008 crisis, China will be a biggest employer in US already.
3. I dont think there will be a much of difference, if any. US Dollar is expected to strenght its purchasing value big time, also they can simply move the production to the US. It will take like 2 months I guess. That's all. Enough low-paid immigrants here to live up production lines.
