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Mexico: Investor Wariness Will Sap USMCA’s Potential to Spur Recovery
The United States-Mexico-Canada trade agreement (USMCA, or T-MEC as it is known in Mexico) came into effect on 1 July. Although President Andres Manuel Lopez Obrador (AMLO) sees the USMCA as a catalyst for a post-pandemic economic recovery, the agreement is unlikely to involve a dramatic upshift in investment into…