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
Summary
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.
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Exports
- Trade agreement
- NAFTA
Authors
Javier Amador
BBVA Research - Principal Economist
Iván Martínez Urquijo
BBVA Research - Senior Economist
Arnulfo Rodríguez
BBVA Research - Principal Economist
Saide Aránzazu Salazar
BBVA Research - Principal Economist
Carlos Serrano
BBVA Research - Chief Economist
Documents and files
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