22-11-2016 19:06 via news.yahoo.com

Protectionism threatens Mexican economy: IMF

Protectionism from abroad threatens Mexico's economy, the International Monetary Fund said Tuesday, slightly lowering the country's growth forecast for 2017. The report did not directly mention Donald Trump but the Republican US president-elect wants to renegotiate the North American Free Trade Agreement (NAFTA) and threatens to impose tariffs to prevent US firms from outsourcing to Mexico. "Mexico continues to grow at a moderate pace despite a challenging external environment," the IMF said in
Read more »