Mexico's US trade deal a win-win for president-elect
29 AUG 2018
It is still early to declare winners and losers in the new US-Mexican trade deal, but in Mexico it looks like an unexpected victory for leftist President-elect Andres Manuel Lopez Obrador.
Announced with typical flare by US President Donald Trump on Monday, the two-way deal to replace the North American Free Trade Agreement meanwhile left NAFTA's third member, Canada, out in the cold -- at least for now.
In Mexico, the news brought a collective sigh of relief: finally, months of uncertainty over the country's most important trade relationship appeared to be over.
All three countries had been rushing to finish a deal before Lopez Obrador, a sometimes brutal critic of free trade, takes office on December 1.
More:
https://www.afp.com/en/news/23/mexicos-us-trade-deal-win-win-president-elect-doc-18o21u2
