Puerto Vallarta News

Puerto Vallarta News

GE backs NAFTA and voices support for Mexico

General Electric (GE.N) on Friday praised Mexico as a big part of its future and said the company is "very supportive" of the North American Free Trade Agreement (NAFTA) that U.S President Donald Trump has threatened to ditch.

GE Chief Executive Officer Jeff Immelt said on a visit that Mexico had great potential and was not properly understood. He touted the conglomerate's Mexican operations and the trade deal binding Mexico, Canada and the United States.

"GE as a company, we're very supportive of NAFTA," Immelt told employees at an event to mark the expansion of operations . . .

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