Forget Trump’s Wall: For Mexico, the Election Is About NAFTA

Forget Trump’s Wall: For Mexico, the Election Is About NAFTA
AP Photo/Eduardo Verdugo

How these attacks on trade translate into policy is one of the most important questions to come out of this election. The Nafta-bashing rattles Mexican businesses in a nation that has built its economy on the accord and depends on commerce with its northern neighbor for a third of its income. Last year, Mexico exported $316 billion worth of goods and services to the United States, a sizable chunk of the country's gross domestic product of $1.1 trillion. Amid the election, some companies have delayed related investments, a Mexican financial newspaper reported. And when Mr. Trump goes up in the polls, Mexico's peso sinks in value.

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