T-MEC Review: Mexico’s Economic Future at Stake

The upcoming review of the T-MEC agreement marks a crucial moment for Mexico's economy, with trade officials from Canada and the U.S. gathering to discuss Mexico's role as 'the factory of North America.' We explore the implications for local industries, job creation, and economic growth. Additionally, Octavio de la Torre, President of CONCANACO SERVYTUR, emphasizes the importance of formal employment and legislative action to enhance social security. Join us on Simply Economics for insights into how these developments could shape the future of Mexico's economy.

Sources:
https://www.milenio.com/videos/negocios/revision-t-mec-comenzara-miercoles-anuncia-secretaria-economia
https://newsweekespanol.com/2024/10/18/la-confederacion-es-un-aliado-estrategico-solido-y-comprometido-con-la-economia-y-el-bienestar-de-mexico-octavio-de-la-torre/

Outline:
(00:00:00) Introduction
(00:00:41) USMCA review to begin next Wednesday: Economy
(00:03:08) The Confederation is a strategic, solid ally committed to the economy and well-being of Mexico: Octavio de la Torre