The North American Free Trade Agreement (NAFTA) aims to boost trade between the United States, Canada, and Mexico. However, the banking industry has seen limited effects so far, mainly due to economic challenges in Mexico. The devaluation of the Mexican peso and political instability have hindered the expected growth in trade. The United States is doing better economically, but for NAFTA to succeed, both countries need strong economies. The current situation has led to the U.S. importing more Mexican goods than exporting U.S. goods. This imbalance is not helping trade across the U.S.-Mexico border as intended.