Partner Gregory Husisian is quoted in a Bloomberg
article, “American CEOs Say They’re Ready to Bring Jobs Home If Nafta Dies
,” about the potential collapse of the continent’s trade pact.
Husisian, who advises companies on how to hedge against NAFTA risk, says some may be more worried than they let on. Businesses with major fixed investments in Mexico, such as large factories, tend to be most concerned, he said, while those with more “mobile” assets, such as tool and die presses, are not as troubled by the prospect.
For the most part, he said, companies aren’t actively hedging much yet because “it looks like NAFTA will be around for a while.”