US-Mexico trade surpasses $69 billion in April, with a 4% decline from previous year
From Yahoo Finance: 2025-06-15 07:00:00
Borderlands Mexico reports on US-Mexico trade with over $69 billion in April, highlighting a 4% decline from the previous year. Mexico continues its streak as the top US trading partner for the 16th consecutive month. Canada, China, Germany, and Japan follow in trade rankings. John F. Kennedy Airport leads as the No. 1 international trade gateway, with Chicago O’Hare and Port Laredo also top gateways. INRIX sees positive trends in US-Mexico vehicle movements, launching Cross-Border Insights to analyze trade dynamics. Hengli Hydraulics opens a $325 million plant in Mexico, creating jobs and potential growth. We Store Frozen finalizes a $15 million deal with H-E-B for frozen storage and transportation services. 1. The FDA has approved a new drug for the treatment of Alzheimer’s disease, despite mixed results from clinical trials. The drug, Aduhelm, is the first new treatment for Alzheimer’s in nearly 20 years. Some experts are questioning the drug’s effectiveness and high cost, which could reach up to $56,000 per year.
2. In a landmark decision, the Supreme Court has ruled that a Catholic foster care agency in Philadelphia can refuse to work with same-sex couples. The court’s decision was based on religious freedom grounds and could have far-reaching implications for LGBTQ rights and anti-discrimination laws.
3. The G7 summit concluded with a commitment to donate 1 billion COVID-19 vaccine doses to developing countries. The leaders of the world’s largest economies also discussed climate change, economic recovery, and global security issues. The summit marked a return to in-person meetings after last year’s virtual event due to the pandemic.
4. Bitcoin prices have plunged after China cracked down on cryptocurrency mining and trading. The Chinese government’s actions have sparked concerns about the future of digital currencies and their regulation by governments worldwide. Bitcoin, the world’s largest cryptocurrency, has seen its value drop by nearly 50% since reaching an all-time high in April.
Read more at Yahoo Finance: US trade with Mexico over $69 billion in April