By  on December 12, 2019

The USMCA, or NAFTA 2.0., may be approaching ratification but that’s unlikely to lift Mexico’s textiles and apparel industry’s spirits, at least not in the near term.

The industry is suffering from a recession and falling imports to the U.S. At the same time, sales in the roughly $20 billion local clothing industry are faltering as consumers tighten their belts amid economic uncertainty.

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