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The economic relationship between Mexico and the US will mainly depend on the flexibility degree that the Joe Biden’s government demonstrates regarding the enforcement of commercial, labor and environmental provisions contained in the USMCA agreement.
In the first half of 2018, the Mexican economy grew at a lower rate than expected, with the service sector contributing 86.9% of GDP growth, less than the 92.1% observed in 2017. Manufacturing industries recovered in 2017, contributing 11.8% of growth, although uncertainty in the first half of the year affected their growth…
