NAFTA uncertainty threatens Mexico economy

WASHINGTON: Uncertainty over the NAFTA trade agreement poses a risk to economic growth in Mexico, the International Monetary Fund said Monday as US, Mexican and Canadian negotiators geared up for new talks.

The IMF said in a report that Latin America’s second-largest economy was weathering a difficult international environment relatively well, but could see growth take a hit because of US President Donald Trump’s moves to overhaul or scrap the North American Free Trade Agreement.