03/19/2018 World Politics Review
Earlier this month, the United States, Canada and Mexico concluded the seventh round of talks to amend the North American Free Trade Agreement, once again failing to agree on terms to update the 24-year-old pact that U.S. President Donald Trump promised to renegotiate. Trump’s threats to pull the U.S. out of NAFTA if he doesn’t get what he wants, on top of his other protectionist trade policies, have pushed Mexico to diversify its trade relationships, including with its neighbors in Latin America. In an email interview, Duncan Wood, the director of the Mexico Institute at the Wilson Center in Washington, discusses the costs of Mexico moving away from the U.S. economically and what this shift could mean for Mexico and the region.
WPR: How are trade relations between Mexico and Latin America changing as a result of Trump’s economic policies, especially in light of the threat to the future of NAFTA?