Ever-hopeful of the presidency Andrés Manuel López Obrador wants NAFTA negotiationd suspended until after next year’s election
Currently,
[Foreign Minister Luis] Videgaray told reporters that Mexico would leave the talks if the U.S. began formal proceedings to withdraw from Nafta. Mr. Trump has the authority to unilaterally withdraw from the deal by giving a six-month notice.
AMLO is not happy, and says that he would renegotiate any deal that harms Mexico’s interests if he wins the vote. What are the odds of his win?
Polls show Mr. López Obrador, a 63-year-old former mayor of Mexico City, is the early front-runner among possible candidates for next July’s presidential election. Although he lost two previous votes for president in 2006 and 2012 and is a divisive figure, he has gotten a boost from the country’s repeated corruption scandals, as well as a nationalist surge in response to Mr. Trump’s repeated criticism of Mexico. Mr. Trump has shocked Mexicans with his administration’s efforts to build a border wall, its crackdown on undocumented migration, as well as his threats to terminate Nafta.
AMLO has praised Fidel Castro as a “great figure of history”, and claims Castro’s human rights record has been misunderstood. Let’s hope he is defeated for a third time.
I found this from an article (I failed to keep track of the source) about how Trump is putting the squeeze on China. This one is how China is using NAFTA as a backdoor for gaining access to the US market.
♦Squeeze #6. President Trump, Secretary Ross, Secretary Mnuchin and USTR Robert Lighthizer are renegotiating NAFTA. One of the primary objectives of team U.S.A. is to close the 3rd party loopholes, including dumping and origination, that China uses to gain backdoor access to the U.S. market and avoid trade/tariff restrictions. [China sends parts to Mexico and Canada for assembly and then back-door entry into the U.S. via NAFTA.]
Thank you OT – China’s been very aggressive