Mexico preparing for NAFTA without US

Published March 15, 2018 8:49pm ET



Mexican Economic Minister Ildefonso Guajardo said Thursday his country is preparing for the possibility that the U.S. will pull out of the North American Free Trade Agreement, and said the 1993 trade deal would continue with just Mexico and Canada as its members, if necessary.

“You have to be ready to live with a NAFTA without the U.S.,” Guajardo said at the World Economic Forum on Latin America in Sao Paulo. “NAFTA at risk of ending? No. NAFTA will continue between Canada and Mexico because at the end of the day, what is important is you send a message that you believe in free trade. The U.S. is the one that will decide to be in or out.”

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