Mexico prepares for a post-NAFTA world

Mexico is taking U.S. President Donald Trump’s threats to leave the North American Free Trade Agreement more seriously as a second round of talks opens Friday in Mexico City on renegotiating the 1994 trade pact.

In the aftermath of Trump’s Sunday tweet saying that Mexico and Canada are “both being very difficult, may have to terminate,” Mexico now says it is developing a “Plan B” in case Trump withdraws from the trade pact.

“Is there a possibility we could hit an impasse that we can’t overcome? That cannot be discounted,” Mexico’s Economy Secretary Ildefonso Guajardo . . .

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