Mexico’s president, Trump agree to keep wall dispute private

He went on to issue an order designating the 50 Mexican consulates in the U.S.as defense centers to protect the rights of Mexican nationals.

Speaking before some 200 Mexican and foreign journalists at a conference called to discuss the Mexico-US relationship, which had cooled considerably during the past week, Slim declared that “together we’re stronger”.

Pena Nieto, who was to meet with Trump Jan. 31, responded a few hours later with his own tweet: “This morning we’ve informed the White House that I won’t attend the working meeting scheduled for next Tuesday with @Potus”. “Great success. Great idea”, he tweeted.

Since moving to privatize its energy industry in 2013, Mexico has become heavily dependent on supplies of energy, particularly natural gas and gasoline, from the United States. “This amounts to a self-imposed unilateral penalty on USA exports and a self-imposed unilateral subsidy for US imports”, the Republican tax plan reads.

In his first interview in the White House, Trump reaffirmed that Mexico will reimburse the payment for the wall, saying “there will be a payment, it will be in a form”. The Mexican government has, however, repeatedly rejected the claim stating it would do no such thing.

Those most affected would be the Mexican workers hired by those companies. “We’ll continue to coordinate”.

Natural gas, as well as gasoline, is tying the two countries together. Although critical of Trump during the USA election campaign, the two men met for dinner in Florida in December, which Trump described as “a lovely dinner with a wonderful man”. “Unless this endorsement is Trump’s demand of Netanyahu for something Netanyahu wants”, he wrote on Twitter, suggesting it may be linked to Trump’s promise to move the US embassy from Tel Aviv to Jerusalem.

The increase in natural gas imports from the United States has been staggering.

On top of Mexico being the third largest source of United States imports, Mexico is the second largest purchaser of United States exports.

“This gets us in line frankly with the policies that the other countries around the world treat our products”, he said. Of course, if the relationship between Mexico and the U.S. moves away from the free-trade of NAFTA, entire economic sectors will be affected. The tariff would force Mexican companies to raise prices, though probably far less than the full 20%, since they’d take part of the hit by shrinking margins.

The president wrote early Friday that “Mexico has taken advantage of the USA for long enough”.

Already Mexico is feeling the effects of the new tone from Washington. But if Mexico is the world’s low-priced producer, the system deprives US consumers of those bargain prices.

“Our country’s policy is to tax exports and let imports flow freely in, which is ridiculous”.