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In the last 25 years, the Mexican automotive sector has been a success story. The sector (which includes auto parts) is of great importance for the Mexican economy.

We now know the content of the new North American free trade agreement, to be known as the United States-Mexico-Canada Agreement, or USMCA. The three countries’ negotiating teams announced details on Sunday, just minutes before the deadline for the Trump administration to submit it to Congress.

Tensions between the US and North Korea remained contained as both parties. However, US-China relations worsened as both countries imposed new tariffs. The US and Canada achieved a new trade deal including Mexico to replace NAFTA. Turkey and R…