Nearshore Americas
Nafta video canieti event

News Reel: Mexico “Cannot Replace the US Market” if NAFTA is Lost

Speaking at the CANIETI Annual Convention 2017, financial analysts Maricarmen Cortés, Marco Antonio Mares, and José Yuste explained that NAFTA is, without a doubt, fundamental to the Mexican economy, highlighting that 80% of Mexican trade is with the United States.

Despite the intention to diversify trade with other markets like Brazil and Argentina, the panel adamantly confirmed that Mexico “cannot replace the US market”, but that negotiating with Trump is a challenging task and a “headache” for negotiators.

 


For more video features with a focus on Mexico, check out the following links. 

Sign up for our Nearshore Americas newsletter:

Matt Kendall

During his 2+ years as Chief Editor at Nearshore Americas, Matt Kendall operated at the heart of both the Nearshore BPO and IT services industries, reporting on the most impactful stories and trends in the sector.

Add comment