New US - Mexico trade agreement significantly reduces uncertainty
Published on Thursday, September 6, 2018 | Updated on Friday, September 7, 2018
New US - Mexico trade agreement significantly reduces uncertainty
Not a bad deal considering the circumstances. With the information available, we think it is a less favourable agreement than NAFTA itself, but better than the alternative. Mexico will remain competitive in the production and export of vehicles. On the positive side, the energy sector is part of the agreement; this reduces the chances of a rejection of the energy reform.
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