Opinion | Trade Deal Won’t Rescue Mexico

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Opinion | Trade Deal Won’t Rescue Mexico
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From WSJopinion: AMLO’s capricious governing style is the real threat to economic growth in Mexico, writes MaryAnastasiaOG

Mexican Finance Minister Arturo Herrera is worried about his country’s sluggish economy. At the International Monetary Fund meetings in Washington in October, he urged Congress to pass the U.S.-Mexico-Canada Agreement to pull his country out of its slump: “It would clearly be an incredible stimulus.”

Mr. Herrera rightly observed that uncertainty is a drag on the economy. But he’s wrong that passing the USMCA—or even preserving the North American Free Trade Agreement—would cure Mexico’s economic anemia. A resolution of the...

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