Mexico’s new foreign relations secretary said Tuesday his country isn’t just willing to negotiate changes to the North American Free Trade Agreement, it wants to start talks as soon as possible.
Trump’s plans are pretty clear, he wants to start building the wall as fast as possible. Instead, he said the wall, not a fence, would likely require a reimbursement from Mexico once its construction is completed – a process he says could take a year and a half.
In an effort to prove that the phrase, “Make America Great Again”, is more than an excuse to sell hats (and a billionaire developer to the blue collar masses), President-elect Donald Trump has made it clear that he intends on shaking up USA trade policy.
Pena Nieto said Mexico and the US government have a mutual responsibility for migrants striving to reach the United States, and should also work to prevent the southward movement of weapons and illicit funds that help bankroll Mexican organized crime.
Vice President-elect Mike Pence is now leading an effort to get final approval to begin construction on the wall, Trump said.
Trump has repeatedly told automakers to expand their US production facilities instead of ramping up in Mexico or elsewhere, or they could face the consequences. The President-elect has assured taxpayers that the money used to build the wall will be reimbursed by Mexico.
“At no time will we accept anything that goes against our dignity as a country and our dignity as Mexicans”, he said.
Trump says: “What really is happening is the word is now out”.
Trump says at a Wednesday news conference: “There will be a major border tax on these companies that are leaving and getting away with murder“.
Vox has reported that Republicans plan to put the funds for the wall in an appropriations bill in an effort to force Democrats to choose between supporting the wall and shutting down the government.
Trump on Wednesday repeated his promise to make it much harder for US companies to invest in expanded production south of the border. Now, Mexican president, Enrique Peña Nieto, weighs on the matter.
Rodado anticipates that Mexico’s economy could contract up to 3.3% in 2017 if the United States imposes strict trade conditions, a stunning downturn in contrast to the Mexican economy’s 2.1% growth in 2016.
“The US is still the primary beneficiary of new investment, but it’s not getting the new plants which make the big headlines”, Dziczek said.