“The broader economic implications of these tariffs cannot be overlooked. Mexico's economy is already facing challenges, including a slowdown in foreign direct investment and potential credit downgrades due to political instability. As the U.S. economy continues to grow, Mexico may struggle to keep pace, further complicating trade dynamics. Business owners must stay informed about these economic trends, as they will directly affect market conditions and consumer behavior…”
Read MoreIn order to decrease fears of US litigation, or any long drawn out litigation, for that matter, NAFTA has "dispute resolution panels." These panels look at whether or not the NAFTA countries participant is being treated fairly. Under President Trump, the US has claimed that "US court's sovereignty is eroded." He would do away with the panel altogether. Canada and Mexico want to keep them of course.
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