Mexican exporters jittery, awaiting Trump trade moves

4/6/2017 The Guardian

maquiladora1The bustling, cheap-labor assembly plants that dot the Mexican side of the US border are booming, but President Donald Trump’s stances on taxes and trade have them worried.

Trump wants to renegotiate the NAFTA trade agreement with Mexico and Canada, which has been in force for a generation, and his Republican Party has floated tax reform ideas that would hurt Mexican companies.

“Everyone is waiting to see what move the United States is going to make,” said Mario Hernandez of KPMG, a consultant for companies that run the so-called ‘maquiladora’ plants in Ciudad Juarez, across the frontier from El Paso, Texas.

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