Mexico: About Sunday Night…

Amid persistent chants of “presidente” from his supporters, Andrés Manuel López Obrador took the stage Sunday night to give his acceptance speech and make history as the country’s first president who was not part of the country’s two major political parties. Amid persistent chants of “presidente” from his supporters, Andrés Manuel López Obrador took the…

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Mexico: Ready to launch, AMLO minus…

It’s been over a month since President-elect Andrés Manuel López Obrador swept the election to become Mexico’s next leader. With 53 percent of the votes, López Obrador won every Mexican state except Guanajuato, and received a higher percentage of the overall vote than any of the past four presidents. The electoral mandate wasn’t only at the federal…

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Oh, Canada!

On Monday—just over one year since Mexico, Canada, and the United States officially began the NAFTA renegotiations—President Donald Trump announced the “The United States – Mexico Trade Agreement.” During an impromptu press conference in the Oval Office, Mexican and U.S. officials declared that they had finally moved beyond the thorniest issues including auto content and…

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USMCA, just don’t call it NAFTA.

It’s been thirteen months, nine official rounds of negotiations, countless side meetings, and a brief period where Canada’s participation appeared precarious, but this past Sunday night, the U.S., Mexican, and Canadian negotiators finally announced a new regional trade agreement. The United States-Mexico-Canada Agreement (USMCA) builds on the old NAFTA and pulls in much of the modernization that had been…

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AMLO, now it’s El Presidente

Over the past few weeks, I’ve met with investors, corporate directors, and foreign-policy focused groups who are all acutely interested in Mexico’s ongoing political transition. Regardless of the sector, everyone has questions on what to expect from the next Mexican administration. President-elect Andrés Manuel López Obrador will assume office on December 1st with overwhelming majorities in both houses of…

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Mexico and the world: “Uncertainty, the new norm.”

It’s hard to believe that there are less than two weeks to go before the end of the year and the holiday season is now upon us. Over the past 12 months, I’ve been privileged to work with talented colleagues at White & Case, who have earned a host of recognitions and awards. I hope each…

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USMCA, The path to passage

The following piece first appeared in BRINK, a publication focused on presenting perspectives from experts on risk and resilience around the world. You can find it here, or continue reading. USMCA, The path to passage. North America’s countries can expect continued uncertainty. On November 30, President Trump joined then-Mexican President Enrique Peña Nieto and Canadian Prime…

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Shutdown averted, USMCA and Energy Reform still big question marks.

Yesterday, President Trump appeared to back away from his threat to close the U.S.-Mexico border. The change of tone was a relief, especially for the North American business and border communities that would be paralyzed from the halted cross-border trade and movement.

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A Tariff, Gone Too Far…

Later today, Mexican Foreign Minister Marcelo Ebrard, United States Vice President Mike Pence and U.S. Secretary of State Mike Pompeo will meet regarding the Trump administration’s announcement that they will apply 5 percent tariffs on all goods coming from Mexico (set to start on June 10), if Mexico does not stop migrants from reaching the United States. It’s…

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A sweltering summer, and market fall.

This past Monday, the Trump administration delayed the full onset of another round of tariffs against consumer goods from China through December. It was welcome news, but not enough to reverse current market trends or to keep China from promising countermeasures. By all indicators, the global economy is steadily cooling down and the United States and other major economies…

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Mi Opinión

Green(ish) sprouts, Mexico and some dark clouds.

Last week, we started to see some encouraging economic news as a transition back to a disinflationary cycle seems to have initiated. Following more than two years of pandemic-related disruptions, supply chains appear to be moving towards normalcy, and some larger trends suggest that “deglobalization” will benefit many emerging countries, including one of the US’ largest trading partners,…

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U.S.-Mexico: High stakes, calmer tones.

This morning, all eyes are on Queen Elizabeth II’s funeral in Westminster Abbey, with more than 70 heads of state in attendance to pay their respects. For live coverage from London, you can click here. As we head into the Fall, higher-than-expected inflation continues here at home despite declining gas prices, and, last Friday, Wall Street closed out one of its worst…

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US-Mexico: Temperatures rising.

This summer has been marked by the ongoing war in Ukraine, and continued concerns over high inflation at home and abroad. Last week, the US Federal Reserve hiked interest rates by 0.75 percent for the second consecutive time, and Congress initiated debate on the Inflation Reduction Act. This legislation,  if passed, would impact a wide range of issues, including the Affordable Care Act, climate…

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Summit of the Americas; Mexico (and others) absent, some progress.

Over the past several weeks, the news cycle has been dominated by the tragic school shooting in Uvalde, Texas, and the January 6th House of Representatives Committee hearings. Economic uncertainty continues at home and abroad, and the ongoing Russian-Ukraine war is exacerbating concerns about inflation and a possible food crisis. As a result, the International Monetary Fund is revising its 2022 global growth…

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