In this episode of the Thoughts on the Market podcast, the hosts explore how a Trump presidency might affect Mexico's economy and its trade ties with both the US and China. They delve into the varying opinions among investors regarding the risks and opportunities that a Trump administration could bring, particularly around potential changes in tariffs. The conversation highlights the interconnected nature of North American manufacturing and suggests that, despite existing policy differences, there could be greater collaboration between the US and Mexico concerning China. However, a crucial point made is that while the talk may indicate a unified front, the reality of policy implementation—especially around tariffs and Chinese imports in Mexico—remains uncertain. Looking ahead, the upcoming USMCA review in 2026 will play a pivotal role in shaping the future of US-Mexico relations.
