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    Mexico | Challenges and opportunities in the current context of greater protectionism

    Published on Thursday, October 24, 2019

    Mexico | Challenges and opportunities in the current context of greater protectionism

    Summary

    At the end of the Second World War a consensus was forged between the advanced economies of the world, led by the U.S., around the idea of seeking a world without barriers to trade in goods and services and capital flows. Thus, for decades, the United States adopted a policy of trade opening and promotion of global trade.

    Key points

    • Key points:
    • President Donald Trump has taken protectionist measures against a high number of economies, among which China stands out, but also includes the European Union
    • It is difficult to know how long the measures taken by Trump will be prolonged, which he has adopted, it seems, for the reason that he dislikes the fact that the United States has a trade deficit with the rest of the world, particularly with China, but also with Mexico

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    Topics

    Authors

    Carlos Serrano BBVA Research - Chief Economist

    Documents and files

    Press article (PDF)

    191024_ArtPrensa_CarlosSerrano.pdf

    Spanish - October 24, 2019

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