Mexico’s President Says He will Try to Preserver NAFTA

Mexico’s President Enrique Pena Nieto said on Monday that he will aim to preserve tariff-free commerce under the North American Free Trade Agreement (NAFTA) in talks with the newU.S. government.

Mexico will also immediately seek bilateral deals with countries that formed part of the Trans-Pacific Partnership (TPP) free trade deal, Pena Nieto said at an event in Mexico City.

U.S. PresidentDonald Trump wants to renegotiate the North American Free Trade Agreement among Mexico, the United States and Canada, and would move to withdraw if no “fair deal” is forthcoming, according to the White House website.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza