NAFTA completion would bring the dollar to 27 pesos

It is of the utmost importance to be informed of the economic and political changes that are happening in our country, not only because of their importance but because of the impact they have on us.

In recent years, the NAFTA negotiations have given much to talk about, and whether or not it is beneficial to end it, in an article in El Financiero he published that in case the Free Trade Agreement with North America does not continue and the United States and Mexico will not they are able to establish a new bilateral trade agreement, generating punitive tariffs by countries, the exchange rate could go up to 27 pesos per dollar in the current year.

In trade and the economic relationship with the United States, there are certain states, many in the north of the country, that much of its local economy depends, not only on exports, but on U.S. Foreign Direct Investment.

The states that are most dependent on the United States in this regard are Baja California, Sonora, Chihuahua, Coahuila, Tamaulipas, and Guanajuato, whose amounts of exports combined with US foreign investment account for more than 50% of its nominal GDP.

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