Thursday, December 13, 2012

Voice of America: Mexico Would Take Hit If US Debt Talks Fail

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
Mexico Would Take Hit If US Debt Talks Fail
Dec 13th 2012, 20:36

If negotiations aimed at preventing the United States from sliding over the so-called 'fiscal cliff' fail, the impact could be devastating to Mexico, America's third-largest trading partner. The U.S. and its southern neighbor had $500 billion worth of trade in goods and services last year, mostly in electrical machinery, vehicles and crude oil. Mexico exported $15.8 billion worth of agricultural products to the United States in 201, making it the second-largest supplier of such ...

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