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The new Mexican government of leftist President Andres Manuel Lopez Obrador took office in December, and de la Mora said the country would continue to reject Trump’s measures branded cufflinks. “We should not fall into this protectionist trap,” said de la Mora, who brought years of experience working in international trade for the Mexican government to the post. Noting that Trump had tried to use the metal tariffs as leverage during the renegotiation of the North American Free Trade Agreement (NAFTA), de la Mora said now that since a new deal had been agreed last year, the argument was no longer valid..
“Mexico is not a national security threat for the United States,” she said. “This is really important; it really needs to be understood that Mexico is a partner, Mexico is an ally.” branded cufflinks. Known as the United States-Mexico-Canada (USMCA), the new North American trade deal is still awaiting ratification by lawmakers in the three countries. De la Mora said Mexico’s Congress would likely first pass a new labor bill designed to strengthen the rights of unionized workers, fulfilling a commitment made with the USMCA deal..
She expressed hope that law would be approved before the current session of Congress concludes on April 30 branded cufflinks. Lawmakers would likely move on to USMCA ratification during the following session due to begin in September, she added. Uncertainty over Mexico’s access to the U.S. market has been a worry for business, while Lopez Obrador’s decision-making and attacks on the “neo-liberal” policies he said his predecessors pursued have also left some investors unimpressed. Still, de la Mora said that after her meetings with investors at the World Economic Forum in Davos in January, she believed levels of foreign direct investment (FDI) “very similar” to the past few years could be maintained in Mexico..
NEW YORK (Reuters) – U.S. stock prices are outpacing those in most other regions to start 2019, but the gap is narrow and some investors are eyeing potential catalysts to tip the scales to the rest of the world. Investors say several factors could sway performance in favor of other developed or emerging markets, including slowing U.S branded cufflinks. profit growth, a weaker U.S. dollar, improving economies in China and Europe and resolution of global trade tensions. The 11 percent gain this year for the S&P 500 is helping the U.S. benchmark index expand its global edge since the U.S. equities bull run began a decade ago..
U.S. stocks are near 70-year highs relative to other global developed markets, according to Bank of America Merrill Lynch. “For the most part, it has been a pretty consistent trend that U.S branded cufflinks. outperforms non U.S.,” said Nathan Thooft, head of asset allocation for Manulife Asset Management in Boston. “The reality is, though, it can’t go on forever.”. U.S. corporate earnings are expected to climb 5.3 percent this year after rising 24.4 percent in 2018, according to global markets research at FTSE Russell..