Global Macro Service > Research Briefings > Mexico

Trade tensions ahead of election may cloud Nafta talks

​The US decision to impose tariffs on metals imports from Mexico and the latter's move to apply retaliatory measures on goods from its northern neighbor reveal how far apart the countries remain on key trade issues at a critical time. 

As the rise in trade tensions overlaps with the ongoing Nafta talks and comes just a month before Mexico's presidential election on 1 July, there are again fears that the US could unilaterally withdraw from the trade agreement.

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