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Mexico Considers Retaliation Should U.S. Withdraw From NAFTA

Xochitl Hernández in her commercial greenhouse. She says the end of NAFTA would cripple Mexican exporters, but said she's hopeful the new U.S. administration will tweak but not kill NAFTA.
Xochitl Hernández in her commercial greenhouse. She says the end of NAFTA would cripple Mexican exporters, but said she’s hopeful the new U.S. administration will tweak but not kill NAFTA. (photo:
Lorne Matalon)

MEXICO CITY—Mexicans are anxious about the future of  the North American Free Trade Act, and how the incoming administration of U.S. President-elect Donald Trump may seek to change or even withdraw from the agreement.

Mexican officials are now speaking with Asian nations about how trade between Mexico and Asia might change in a post-NAFTA era.

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Mexican analysts expressed concern that new investment may slow down due to uncertainty about the agreement.  “It’s the chilling effect on investment,” said Federico Estévez, a political scientist at Instituto Tecnologico Autonomo de Mexico, a leading Mexican university. “We’ve basically turned into an industrial economy on the basis of NAFTA.”

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