What Sectors Lose With No Nafta Deal

The transcript discusses the vulnerability of US consumer and industrial sectors due to policy changes, emphasizing the importance of partnerships with Mexico and Canada. It highlights the potential negative impact on profit margins if supply chains shift to Asia. The discussion also covers US-Mexico trade dynamics, noting that tariffs on US exports to Mexico are higher than imports. The transcript concludes with an analysis of NAFTA talks, suggesting a continuation of the status quo rather than a breakdown, which markets view positively due to strong global fundamentals.

In the event of a breakdown in NAFTA talks, who is likely to be more adversely affected, the US or Mexico?

What has been the market reaction to the ongoing NAFTA negotiations, and how does it reflect on the broader economic fundamentals?