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Mexico Warns Abandoning NAFTA Could Imperil US-Mexico Relations
Topic Started: Oct 12 2017, 02:36 PM (14 Views)
Webster
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Wasatch Storyteller & Resident Forum Curmudgeon
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....well, there goes Trump, wrecking U.S. relationships every chance he gets...

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(The Guardian) Mexico’s foreign minister has warned that terminating Nafta could bring relations with the US to a breaking point, raising the prospect that bilateral cooperation against drug trafficking and illegal migration could be adversely affected by Donald Trump’s bellicose trade rhetoric.

The threat from the foreign minister, Luis Videgaray, came as Donald Trump once again threatened to tear up the three-country trade treaty between the US, Canada and Mexico ahead of a fourth round of Nafta negotiations.

Mexico and the US work closely on issues such as border security, combatting drug cartels and efforts to stop migrants reaching the US border, but relations between the two neighbors have grown increasingly tense since Trump launched his election campaign on a wave of anti-Mexican sentiment.

Speaking in a senate hearing on Tuesday, Videgaray stressed that Mexico “wants an agreement” on Nafta – but also warned that Mexican officials were ready to walk away from negotiations or even withdraw entirely from the deal.

“We always have to be ready to get up from the table. This is a logical posture in any negotiation. It’s also a principle of dignity and sovereignty,” Videgaray said. “Mexico is much bigger than Nafta and we have to be ready for any scenario in the negotiations.”

He added that the end of Nafta “won’t be the end of the world”.

Videgaray’s comments departed sharply from Mexico’s previous strategy of trying to avoid antagonizing Trump. Officials have gone out of their way to ignore the US president’s repeated insults and his promisethat Mexico will pay for the construction of a border wall.

Analysts said that Mexico’s apparent patience with Trump’s rhetoric suggested it was trying to keep the treaty at any cost – and for understandable reasons: more than $1m a minute in merchandise crosses the US-Mexico border.
-Read more: https://www.theguardian.com/world/2017/oct/10/mexico-nafta-luis-videgaray-warning-trump
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