Professor of Law : Georgetown University, and Director, Institute of International Economic Law
Mexico's Economy Minister Wants to Shift Focus Away from Trade Deficits
The United States, Mexico and Canada are gearing up to re-negotiate NAFTA. President Trump is calling for a smaller trade deficit (the trade deficit from the U.S. to Mexico is $64 Billion).
Mexico relies heavily on the U.S. because 80% of its exports are sold to the United States. Mexico’s economy minister argues if NAFTA is abandoned, the U.S. trade deficit could rise even higher.
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