Looking for a great deal?
Get ALL THREE of our new thank-you gifts when you donate $120.
This is a limited time offer – so act soon!
Vice President Joe Biden and Secretary of Commerce Penny Pritzker are in Mexico attending what’s called the High Level Economic Dialogue between the U.S. and Mexico. The U.S. is Mexico’s largest trading partner, and Mexico is number three for us. This is the third year of these meetings with our neighbor to the south.
“These are things, like regulations for particular industries [in Mexico], where to put particular border infrastructure, where to move around customs or other officials to make the flow of goods easier and faster,” she said.
Whether that’s been accomplished in the last couple of years is up for debate, although the Obama administration lists several projects officials say resulted from the talks. Duncan Wood is Director of the Mexico Institute at the Wilson Center.
“I think it would be naive to expect of huge outcome from these meetings so far,” he said. “At this point, it’s important to recognize that the institutions have been created, the mechanisms have been created and they appear to be functioning very well. So, I think we are very much still in the socialization phase.”
At the meeting, Wood expects a focus on how the Trans Pacific Partnership will affect U.S.-Mexico trade, and how lower energy prices are affecting the competitiveness of U.S. and Mexican economies, especially in the manufacturing sector.
If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air. But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.
Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.
When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.