Mexico | Faced with Trump, Mexico needs rule of law and to revive Texcoco

Summary

In what would be an act contrary the North American Free Trade Agreement (NAFTA) and the World Trade Organization (WTO) rules, President Donald Trump has announced that he will impose tariffs on all imports from Mexico.

Key points

• Key points:
• The Bank of Mexico should not try to prevent this depreciation, as it is exactly what is required when faced with an external crash.
• A greater impact may be felt in investment.
• Necessary to work on strengthening the rule of law.

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