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Analysis

What’s in Store for North America This Year

How NAFTA renegotiations and other factors can be expected to affect North American economies in 2018.

By David Huey | Updated on February 22, 2018
As we finish out the first quarter of 2018, talks around renegotiating the North American Free Trade Agreement (NAFTA) cast a shadow of uncertainty on the future economic health of the United States, Mexico, and Canada. With the Trump administration talking tough and threatening to pull out of the trade deal, business leaders are finding it difficult to measure risks in North American markets. Although a change to NAFTA could indeed have major effects on companies that do business in the region, the good news is that signs point to economic resilience.

In support of our trade credit insurance business, Atradius recently released a report on the economic health and anticipated future performance of major North and Central American countries. That analysis anticipates economic growth of 2.5 percent or higher for the United States in 2018—a continuation of the momentum experienced in 2017, which saw a 2.2 percent increase. This year’s projected growth in the U.S. economy will be facilitated by the following factors:

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