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The risk of Mexico being shut out of North America is rising

Financial Times LogoFinancial Times2d ago

The risk of Mexico being shut out of North America is rising - Financial Times

Quick Summary:

They shrugged off last week’s vow by the president-elect to impose 25 per cent tariffs on imports from Mexico on his first day back in office.

That scenario played out in the first Trump administration, when the US-Canada-Mexico free trade agreement — hailed by the then-president as “the best agreement we’ve ever made” — replaced Nafta.

Prime Minister Justin Trudeau said that “ideally” the three legs of the North American market would be preserved but added: “Pending decisions and choices that Mexico has made, we may have to look at other options.Mexico has a new leader.


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Article Details

Author / Journalist: Michael Stott

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-02 @ 05:00:05 (2 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 782 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 24028687

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 22 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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