NAFTA ex-negotiator increases investment in Mexican companies amid tariff uncertainty

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Luis de la Calle, consultant and former negotiator of the North American Free Trade Agreement (NAFTA), increased his participation in The Mexico Fund, an investment company focused mainly on shares listed on the Mexican Stock Exchange.De la Calle, who serves as one of the Fund's directors, acquired 6,000 titles at The Mexico Fund listed on the New York Stock Exchange, according to a presentation to Securities and Exchange Commission (SEC).See mo…

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The mood of companies in Mexico is beginning to be affected by the uncertainty with the changes that can result from the commercial policy implemented by the United States; however, there is still optimism about the process of nearshoring, according to the Bank of Mexico (Banxico). Alejandrina Salcedo Contreras, Director General of Economic Research of Banxico, highlighted that the information collected indicates that uncertainty is having an ef…