Mexico posts record current account surplus as Trump China trade war bites

By Anthony Esposito

MEXICO CITY (Reuters) – Mexico posted its largest current account surplus on record and the first in nine years, lifted by robust foreign trade with the United States as President Donald Trump waged a bitter tariff dispute with China, official data showed on Friday.

In the second quarter, Mexico ran up a current account surplus of $5.143 billion, the biggest since current records began in 1980, and equivalent to 1.6% percent of gross domestic product (GDP), central bank figures showed.

Mexico has this year become the top trading partner of…
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