Shannon K. O'Neil

Latin America's Moment

O'Neil analyzes developments in Latin America and U.S. relations in the region.

Posts by Category

Showing posts for "NAFTA"

China Wins if NAFTA Dies

by Shannon K. O'Neil
Mexico's President Enrique Pena Nieto (R) shakes hands with China's President Xi Jinping during a news conference at Los Pinos Presidential Palace in Mexico City June 4, 2013. Xi is on a three-day official visit to Mexico (Edgard Garrido/Reuters).

Much is made of the perils of ending NAFTA for Mexico, and rightly so. The 23-year-old agreement has helped the nation not only boost trade but also transform its economy, moving from a commodity to an advanced manufacturing exporter. With 80 percent of its exports headed north, even the threat of change has hurt Mexico’s currency, limited its ability to attract foreign direct investment, and cut the country’s current and future economic growth. Read more »