ALBUQUERQUE, N.M. (AP) - Trade experts say New Mexico is recovering from a postelection dip in exports to Mexico.
The Albuquerque Journal reports (http://bit.ly/2vKCpYZ) that President Donald Trump's America-first trade policies took a bite out of the state's surging exports to its southern neighbor last fall and over the winter. Statistics from the U.S. Commerce Department revealed a 9 percent drop in the first half of 2017 compared with the same period last year.
Exports to Mexico totaled more than $810 million from January to June, down from $890 million for the first half of 2016.
While the state has yet to fully recover from the postelection downturn, Jerry Pacheco with the International Business Accelerator at Santa Teresa says it has generally returned to business as usual. He says companies are now either holding steady or climbing in sales.
Information from: Albuquerque Journal, http://www.abqjournal.com
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