JP Morgan: Mexico can “bow” on energy issues at T-MEC

Mexico City /

US investment bank JP Morgan confirmed that there is “a lot at stake” Mexico In consultations on Mexican energy policies that require United States and Canada Under the T-MEC, so President Andres Manuel Lopez Obrador will likely bow.

“Probably AMLO Bow down, because there is so much at stake, but what is worrying is how far he has really come and how far he seems ready to go,” he said in an analysis of the economic situation in the country.

JP Morgan He explained that the disputes between the three countries could last for years if the complaint is not resolved within the 75 days specified by the rules USMCAwhich would cost dearly Mexico Especially for the administration that has set austerity as its main goal.

In addition, the outcome of this dispute can lead to the payment of global tariffs Mexico by United State Or even, in the worst case, the danger of dissolving a trade agreement that has been in place for nearly 30 years.

“butOr, the Mexican government was adamant that they would try to solve the problem immediately before coming to this. We believe the outcome is unlikely to be positive.”

The United States and Canada have demanded talks to resolve disputes with Mexico, claiming that Mexican energy policies discriminate against international companies and cross-border supplies.


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Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

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