According to Fitch Ratings, the continued uncertainty over the restructuring of NAFTA with the US at the helm is increasing trade risks for US states, who could see higher export tariffs under WTO rules if NAFTA falls apart. Key highlights Uncertainty surrounding NAFTA renegotiations could elevate risks for US states with more to lose from a NAFTA termination. Fitch says talks are likely to resume, but a full ratification before 2019 is unlikely. The highest tariffs following a NAFTA collapse would hit agriculture hardest, as well as energies and autos. Fitch says that a NAFTA collapse would see the greatest risk exposure for US states with heavy trade with Mexico, greatest risks of higher export tariffs. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next White House officials hold discussions with China, open to more FX Street 3 years According to Fitch Ratings, the continued uncertainty over the restructuring of NAFTA with the US at the helm is increasing trade risks for US states, who could see higher export tariffs under WTO rules if NAFTA falls apart. Key highlights Uncertainty surrounding NAFTA renegotiations could elevate risks for US states with more to lose from a NAFTA termination. Fitch says talks are likely to resume, but a full ratification before 2019 is unlikely. The highest tariffs following a NAFTA collapse would hit agriculture hardest, as well as energies and autos. Fitch says that a NAFTA collapse would see the greatest… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
