EBRARD AND FERNÁNDEZ’S FAILURE RAISES CRISES IN MEXICO.
Warnings were given in time, but no one in the Morena party and the so-called 4T (Fourth Transformation) movement paid attention…
Today, the failure of the ‘negotiators’ Marcelo Ebrard, Secretary of Economy, and Senator Waldo Fernández from Nuevo León is confirmed.
The 4T government always refused to take any risks in the negotiations. On the contrary, they boasted that ‘everything was going very well’… now, from the National Palace, they are calling for calm, but in the business world, alarm bells are ringing…
The United States-Mexico-Canada Agreement (USMCA) will remain in effect for another decade, but only if no country withdraws. Given this, there are signs that Donald Trump’s next announcement on the matter will be a unilateral withdrawal by the United States government.
To give you an idea, the USMCA boosted economic activity among the United States, Canada, and Mexico, with the economies of the three countries representing almost a third of the world’s gross domestic product. That’s how big the impact was…
Given all of the above, the international community is wondering if the United States government will dare to enter into a trade agreement with a country that, according to President Trump, is dominated by drug cartels.
Hence the statements by US President Donald Trump that his government has no interest in renewing the United States-Mexico-Canada Agreement (USMCA).
@n.mas Así salió Marcelo Ebrard junto al enviado comercial de Estados Unidos, Jamieson Greer. Este 20 de abril, la presidenta Claudia Sheinbaum tuvo una reunión con el funcionario estadounidense en Palacio Nacional para dar continuidad a las negociaciones del T-MEC. Tras el encuentro, ambos funcionarios abandonaron el recinto. #noticiasnmás #MarceloEbrard #México #EstadosUnidos #JamiesonGreer
♬ News – Abiel Accoustic
With information from Eco Magazine
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