Rising pessimism has Mexico exploring world of post-NAFTA possibilities

December 18, 2017

"There is no need for a Plan B," Prime Minister Justin Trudeau said in June, when asked what Canada would do if NAFTA renegotiations failed.

Canada, Trudeau told the New York Times, was confident the free trade deal could be salvaged.

That is Mexico's preferred option as well, but fears the Trump administration in the U.S. will end the accord are driving new thinking about trade as Mexico enters its 2018 presidential campaign in a changed political landscape.

The government of Enrique Pena Nieto might already be implementing a Plan B of sorts as it tries to sign as many trade deals as possible to replace the country that buys 80 per cent of its exports.

This was excerpted from the 17 December 2017 edition of CBC News.

Topic(s)

Trade Agreements

International Trade and Border Management

Information source

Canadian News Channel

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