Mexico Exports Rise to Their Highest Level on Record in April

Mexico’s trade surplus widened far more than expected in April to $4.52 billion, well above the median estimate of $476.35 million in a Bloomberg survey, as exports climbed to the highest since the data began in 1980. The surge highlights how the country continues to strengthen its role as a manufacturing hub for the US economy as Washington takes a tougher stance on trade. The cumulative trade surplus for the first four months of the year reached $3.51 billion, reversing from a $314 million def