The US imported the smallest share of Chinese goods in 17 years

The US is importing a smaller proportion of goods from China, highlighting a shift in global supply chains as companies diversify their manufacturing bases. Data from the US Census Department shows that China's share of US imports has dropped to 14.6%, the lowest since 2006. Mexico and Vietnam are benefiting from this shift, with Mexico surpassing Canada as the US' top trading partner, and Vietnam experiencing record-high shares of US imports. Both countries offer advantages such as proximity to the US market and lower manufacturing costs.

Source: Link