Journal of Political Risk, Vol. 5, No. 9, September 2017
Credit: Bhakti Mirchandani.
Bhakti Mirchandani
Senior Vice President at An Alternative Investment Management Firm
Mexico is the U.S.’s third largest trading partner[1] and second largest export destination.[2] Trade representatives from the U.S., Canada, and Mexico said that they made progress in the second round of NAFTA renegotiations (September 1-5 in Mexico City),[3] with a third round scheduled for September 23-27 in Ottawa, Canada.[4] President Trump’s August 22nd statement at a rally in Phoenix that the US would “probably end up terminating NAFTA at some point”[5] looms over this progress. Instead, the administration should acknowledge that withdrawing from NAFTA is untenable.