The new trade agreement between Mexico and the U.S. is being celebrated numerous e commerce giants and delivery providers. Companies like Amazon Inc, Ebay, Walmart and Mercado Libre. The bilateral deal between Mexico and U.S. has included the doubling of the minimum duty free shipment threshold to 100$, a figure much lower than originally quoted as 800$ by President Trump on the reworking of the NAFTA.
This deal would expand the variety of products available to Mexicans as well as boost sales for goods imported from the U.S. Increased access to products and helping small firms in the US to export seems to have been the primary goal for the country, with the U.S. calling the deal as critical.
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This post has been authored by Lakshya Singla, a second year student of WBNUJS Kolkata.
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