As you crack open a cerveza or sip on a salty margarita in honor of Cinco de Mayo, take a moment to reflect on how important Mexico is to the health of the U.S. economy. Here are five great reasons to celebrate the partnership with our neighbor and friend to the south:
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Six million U.S. jobs depend on trade with Mexico.
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Over $1.4 billion in trade crosses the 2,000 mile U.S.-Mexico border each day, stimulating jobs and growth in both countries.
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International trade now makes up over a quarter U.S. GDP, and Mexico buys 14.8% of all U.S. goods exports, totaling $294 billion in U.S. sales to Mexico in 2014.
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U.S. inputs made up 51% of Mexico’s processing exports, making Mexico an integral part of the U.S. export platform.
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Americans buy stuff from Mexico, too – among other things we enjoyed more than $2.5 billion worth of Mexican beer last year.
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