Mexican Foreign Minister Ready to Take Legal Steps if US Measures Violate WTO

Mexico would take legal steps against any measures in a U.S. tax overhaul that violate World Trade Organization (WTO) rules, foreign minister Luis Videgaray said on Tuesday.

Speaking before the foreign relations committee of the lower house of Congress, Videgaray also said his government has told U.S. officials that remittances sent home by Mexican migrants is not an issue that Mexico would be willing to negotiate on.

via US News

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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