“Poor Mexico, so far from God, so close to the US”
Senior Economist (Emerging Markets) - AXA IM R&IS
Download the Research 26/01/17 142 KB PDF
Mexico threatened by more US trade protectionism
Despite the impact of the large peso depreciation, Mexico should remain far from levels of unemployment and inflation that commensurate with social unrest, thanks to a very good starting point. Yet, Manolis Davradakis acknowledges the risk of disruptions in the manufacturing supply chain, nurtured by an increase in US trade protectionism.