Fed's Kaplan: Mexico Trade Makes U.S. More Competitive

The transcript discusses economic concerns in Mexico regarding the US presidential election and the importance of US-Mexico relations, particularly for Texas. It highlights efforts to strengthen these ties and the role of NAFTA in improving US competitiveness. The speaker refrains from commenting on specific trade agreements but emphasizes the significance of trade partnerships in maintaining jobs and competitiveness.

In what ways has trade with Mexico improved US competitiveness according to the research mentioned?

What percentage of the content in imports from Mexico is US content, and why is this significant?