Mexico’s economy minister traveled to Detroit Friday Maarch 3rd, to meet with executives from automakers Ford Motor Co (F.N) and General Motors Co (GM.N), keeping a frenetic pace of meetings to deter President Donald Trump from punishing Mexican exports.
Economy Minister Ildefonso Guajardo will also meet with auto parts makers that have operations in Detroit and Mexico, the ministry said. He will discuss the state of U.S.-Mexico trade and the future of the North American Free Trade Agreement (NAFTA).
Trump has vowed to exit NAFTA, the 1994 trade accord that also includes Canada, if he cannot get better terms for the United States. He has also drawn up plans to build a wall on the U.S. southern border and tax Mexican-made goods heading north to pay for it.
Wary of Trump’s unpredictability, Mexico is not counting on talks with the White House to save it from a possible trade war. Instead, it hopes to build support among companies and U.S. states that most rely on business south of the border to pressure the president not to resort to drastic measures.
On Tuesday, Foreign Minister Luis Videgaray said Mexico would only stay in NAFTA if it suited the nation and he rejected the imposition of any tariffs or quotas. The countries have yet to start formal negotiations.
“Thanks to NAFTA, Mexico and Michigan have built a dynamic trade relationship,” the ministry said, noting that Mexico was Michigan’s second biggest trade partner with more than $12 billion in exports to Mexico last year.
The United States sent its top diplomat Rex Tillerson and Department of Homeland Security Secretary John Kelly to Mexico City last week to tend to ties badly bruised by Trump’s threats about NAFTA, the border wall and Mexican immigrants.
Their efforts were set back when Trump described deportations as “a military operation,” forcing Kelly to make a public clarification.
One person familiar with the events said news of Trump’s comments came just as Kelly and Tillerson were meeting with their counterparts, underscoring what Mexican officials see as the dangers of negotiating with the U.S. administration.
To calm the waters, the U.S. officials decided to add the clarification to Kelly’s press statement after the meetings, the source said.
(Reporting by Veronica Gomez and Alexandra Alper; Writing by Michael O’Boyle; Editing by Frank Jack Daniel and Cynthia Osterman)
more recommended stories
Man threatens a woman with a knife in front of “La Ermita”
According to locals, on Thursday March.
Tourism in Mérida keeps booming prior to Semana Santa
“Yucatan stands out as spearhead in.
Mérida and Athens, Greece about to work together in urban mobility program
Urban Mobility and Citizen Participation in.
Germany returns Mexico two Olmec busts stolen in the 80s
After at least 10 years of.
Oxkintok, stone of three suns
“Whoever lives sees, but whoever travels.
Mérida number five municipality in home sales nationwide during 2017
CANCUN, Quintana Roo.- Benito Juárez was.
March 20: Day of the Guayabera in Merida
On March 20, the Guayabera Day.
Conversaciones con Amigos at Merida English Library
“Monday evenings from 7 to 9.
Spider monkey found inside a cage in a Mérida restaurant
Mérida, Yucatán.- The Federal Procurator for.
Strong earthquake below the coast of Guerrero, Mexico – March 20, 2018
Two earthquakes shook Mexico near Pinotepa.