What happens if Mexico decides to leave NAFTA?

A few weeks ago, the suggestion that Mexico would walk away from NAFTA would have seemed outlandish; for the last two decades, most Mexican political leaders have been fully committed to the agreement. But a number of influential figures, including former president Ernesto Zedillo, have recently argued that Mexico has no hope of reaching a balanced agreement with Donald Trump and would be better off relying on the rules of the World Trade Organization (WTO) to regulate trade with the United States.

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