Former Mexican trade official: Stock market concerns, midterms could save NAFTA
The potential impact of a NAFTA withdrawal on the stock market, as well as the 2018 U.S. midterm elections, make it less likely President Trump will pull out of the deal, a former Mexican trade official argued this week – putting the chances of a U.S. withdrawal at between 20 and 25 percent. “If analysts and the main participants in the financial sector conclude that a disruptive exit from NAFTA will have a negative effect on the stock price and...