Peso Falls as Trump Pressures Ford, GM to Invest in U.S.

The transcript discusses the impact of automaker decisions on Mexico's economy, highlighting the peso's decline and the importance of the auto sector. It examines Trump's strategy to make the US a hub for innovation and manufacturing, focusing on his piecemeal approach to NAFTA and pressure on automakers. The discussion also covers Mexico's economic dependence on the US, emphasizing the significance of NAFTA and the potential challenges for Mexican policymakers.

What has been a significant driver for the Mexican economy in recent years?

• Tourism

• Technology startups

• Agriculture

• The auto sector

What approach is Donald Trump using to influence automakers before taking office?

• Offering tax incentives

• A piecemeal approach

• Negotiating directly with Mexico

• Implementing new tariffs

What is one potential change to NAFTA mentioned in the discussion?

• Making it less attractive to manufacture in Mexico

• Eliminating all trade barriers

• Focusing solely on agricultural products

• Increasing tariffs on Canadian goods

How much of Mexico's exports go to the US?

• 50%

• 60%

• 70%

• 80%

What is a major concern for Mexican policymakers regarding US trade policies?

• The potential end of NAFTA

• Increased competition from Canada

• A decrease in tourism

• Rising oil prices