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I am reading that Mexico is turning toward Latin American countries as substantial trading partners, rather than the US, ever since the election of Trump as President. It could be the renegotiation of NAFTA or retaliation for the "wall," I don't know. But as I understand it, 100% of Mexico's corn wheat, rice and soy imports will come from Argentina, starting next year. Their trading will be duty free, and they will be exporting cars to Argentina, also duty free. This will cause $13 billion in losses to American farmers. Are American farmers paying the price for Trump's successful effort to alienate Mexico and many other countries?
I made no claims or even comments about "economic miracles" or about the economic status of Latin American countries. I was only mentioning this particular change in Mexico's trade policy.
I am reading that Mexico is turning toward Latin American countries as substantial trading partners, rather than the US, ever since the election of Trump as President. It could be the renegotiation of NAFTA or retaliation for the "wall," I don't know. But as I understand it, 100% of Mexico's corn wheat, rice and soy imports will come from Argentina, starting next year. Their trading will be duty free, and they will be exporting cars to Argentina, also duty free. This will cause $13 billion in losses to American farmers. Are American farmers paying the price for Trump's successful effort to alienate Mexico and many other countries?
Cannot actually blame them, count on them doing far more trade with China also.
Mexico is in trade talks with Argentina, but no deal has been finalized; the cost to American farmers would likely be lower than claimed.
Pre-Trump, the Huffington Post argued that Mexico was the biggest winner with NAFTA. Many liberal groups have argued that NAFTA harmed American workers. Perhaps a change needed to be made, but Trump needed to have more tact and rationality when addressing it.
I live in Mexico and read the local and national papers. Mexico is already making deals with Brazil on produce and meats; Brazil wants more MXN products. MX is in talks with China for trade deals.
I first lived in MX in 2008. Now, almost 10 years later, the economy is very strong. I am near Guadalajara, MX's 2nd largest city with a real middle class...a prosperous middle class that have a lot of discretionary income. Guadalajara has become home to many tech companies, too.
The US can cut its ties to MX, but MX will be fine.
More people must realize this. Once we get whatshisname out of office, renegotiations will again be doable.
Yes. I wish we would realize that when we treat other countries poorly, call them names, blame them for our troubles, it most often hurts us more than it hurts the other country.
I made no claims or even comments about "economic miracles" or about the economic status of Latin American countries. I was only mentioning this particular change in Mexico's trade policy.
If Mexico believes that it is in their best interests to deal with Venezuela, Brazil, Guatemala - those same Nations that the citizens are desperate to get into the USA.
More power to them - they should do what they think is in their best interest ..... and so should the USA.
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