Mexico has called on the U-S government to uphold the North American Free Trade Agreement, NAFTA, arguing that ending the deal would hurt both economies.
A Mexican official says unwinding the economic integration of the U-S, Mexico and Canada would damage America’s exports, risk jobs and hit consumers. He’s warned that scrapping NAFTA would raise the average tariff on U-S exports to Mexico, a country that has been an important partner in production of American goods and a major market for them. Trade relations between Mexico City and Washington strained after President Donald Trump vowed to scrap the agreement if he couldn’t secure better terms for American workers and industries. Trump argues that the U-S work force and industries have been the main losers of the deal.
Comments
Post a Comment