The Updated EU-Mexico Trade Deal Is Heavy on Symbolism, but No Game-Changer

Pulque producer Antonio Gomez extracts liquid from a maguey plant, Santiago Cuautlalpan, Mexico, Nov. 30, 2016 (AP photo by Marco Ugarte).
Pulque producer Antonio Gomez extracts liquid from a maguey plant, Santiago Cuautlalpan, Mexico, Nov. 30, 2016 (AP photo by Marco Ugarte).
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In late April, the European Union and Mexico announced the successful conclusion of negotiations to update their current trade agreement. The new framework, which still must be formally ratified and signed, will expand the range of products exempted from tariffs. It represents the latest effort by both sides to diversify their free trade arrangements against the backdrop of rising American protectionism under President Donald Trump. In an email interview, Sean Goforth, a contributing analyst at the geostrategic consulting firm Wikistrat, discusses how the new deal will affect EU-Mexico trade, opportunities and obstacles for expanding commercial ties, and the implications of […]

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