Mexican Foreign Minister Flies to Washington After Trump NAFTA Remarks

Mexico’s foreign minister Luis Videgaray will travel to Washington on Tuesday after threats by U.S. President Donald Trump to scrap the North American Free Trade Agreement, although a foreign ministry source said the trip was pre-planned.



A source in the foreign ministry briefed on the trip said it was organized before Trump’s latest warnings that he would prefer to scrap NAFTA than negotiate.

A second round of talks to re-negotiate the 23-year-old agreement are due to start in Mexico on Sept. 1.

via Reuters

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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