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Will the USMCA be more beneficial than NAFTA for rail traffic and commerce between the US and Mexico? (Jim Blaze)

Published July 27, 2020by Jim Blaze - Railroad Economistin Ask The Experts Q&A

Yes -- beneficial because it creates a fundamental level of new geopolitical trade confidence between Mexico and the US government for selected commodities. Overwhelmingly resulting in much higher trade? No. That level of confidence is not yet evident.

Let's check back in about a years’ time to see what actually "plays out."

Will the USMCA be more beneficial than NAFTA for rail traffic and commerce between the US and Mexico? (Jim Blaze) - image 1