Big Mexican firms to trim 2017 investment on U.S. concerns: lobby

May 12, 2017 MEXICO CITY (Reuters) – Mexico’s top companies plan to reduce their investment in 2017 due to uncertainty over the future of trade relations with the United States under the Trump administration, a leading business association said on Thursday. The Consejo Mexicano de Negocios (CMN), a group comprising the 50 biggest companies from various sectors of the economy, said it would invest around $31.43 billion this year, a drop of 6.2 percent from the $33.5 billion announced for 2016. U.S. President Donald Trump has threatened to dump the…

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