Global Politics

America's Neighbors Fear Fiscal Cliff, Too

US-Mex-CDN-flags250.jpg

Mex-US-CDN flags (Photo: waywuwei/flickr)

A billion dollars worth of goods cross the US-Canadian border every day. Many Canadians believe that lively trade will slow if the US slides over the so-called "fiscal cliff."

Player utilities

This story is based on a radio interview. Listen to the full interview.

Anchor Lisa Mullins speaks with Canadian journalist David Akin about concerns in Canada over the fiscal talks in Washington.

South of the border, Mexico is one of the United States' largest trading partners and would be one of the first countries to feel the effect of an American fiscal cliff.

But Eduardo Garcia of the Mexican financial website Sentido Común tells anchor Lisa Mullins that Mexico's economy is doing relatively well and is better prepared to withstand such a crisis, should it occur.