Most of the news we hear about Mexico these days is about drug-related violence. But it turns out there's another, brighter story there: The country's economy has been growing at a solid pace for the past couple years, driven in large part by solid exports.
Among other things, Mexico is the world's largest exporter of flat-screen TVs. There are a lot of factories just south of the U.S. border, filled with workers putting together televisions. The individual parts come from Asia, but the final assembly is done in Mexico.
What do self-rising pizza, photographic paper and chain-saw chains have in common? They're all products the U.S has been accused of dumping onto foreign markets.
In other words, some foreign country said U.S. companies were exporting these products at prices lower than they sold for at home — a practice that's covered under international trade rules that the U.S. more than 100 other countries have agreed to.
You probably don't give much thought to the phrase "Made in China" when you see it written on the bottom of your coffee mug, or on the tag of your T-shirt, but Americans have traded with China for hundreds of years.
In his new book, When America First Met China, Eric Jay Dolin takes us back to the beginning of the long and complicated trade relationship between the two countries.
Republican presidential candidate Mitt Romney speaks during a roundtable discussion on manufacturing this Wednesday in Bedford Heights, Ohio.
Credit MANDEL NGAN / AFP/Getty Images
If there is a boogey man in the Ohio presidential sweepstakes, it's China. According to Bloomberg, the Democratic and Republican presidential candidates have aired nearly 30,000 ads that mention trade with China, many airing in the key swing state of Ohio.
A worker separates tomatoes at a market in Mexico City. The Commerce Department says it might act to end a 16-year-old trade deal governing fresh Mexican tomatoes sold in the U.S.
Credit Gregory Bull / AP
Talk of a Tomato War is simmering in agricultural circles, after the U.S. Commerce Department issued a report Thursday that recommends ending an agreement on how fresh tomatoes grown in Mexico are sold in the United States. The issue could create an expanding trade conflict; Mexican officials have said they would retaliate to defend the tomato growers.