Frontlines: Mexico has a new president, now what?

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Welcome to Frontlines: Geopolitics affecting agriculture with Jacob Shapiro of Cognitive Investments and Shaun Haney!

On this podcast episode, Shapiro unpacks the results of this week’s Mexican presidential election.

Shapiro says that electing Claudia Sheinbaum as its president-elect is a net positive for the country, but potentially negative for Canadian and American agricultural producers, as the impact on Mexico’s agriculture policies and North American trade will take some time to sort out under her leadership.

Sheinbaum, and Andrés Manuel López Obrador (AMLO) before her, have captured the Mexican imagination by going after corruption and addressing wealth inequality, he says. Given her background, watch for her to take a different tact to AMLO on agricultural self-sufficiency — especially when it comes to diet staples, such as corn and wheat. Given her background as a scientist, Shapiro’s not sure she’ll prioritize the GMO-free white corn policy but instead focus on green policies or sustainability initiatives.

There will be pinch points between Sheinbaum and the U.S. on immigration and border issues, of course, and China’s trade relations with Mexico could become even more contentious if Donald Trump is re-elected as U.S. President in November.

What could it all mean for North American trade dynamics? Listen on to find out!

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