Trump Sours Relations With Mexico After Tariff Talk

02 February, 2017, 00:46 | Author: Essie Rivera

Their conversation comes as U.S. President Donald Trump has repeatedly said he plans to renegotiate the North American Free Trade Agreement that involves the three countries.

There is no rupture in dialogue with the United States but Mexico has begun working on strengthening its presence, relations and trade treaties with Latin America, Europe, Asia and Africa, the Foreign Affairs Secretary told Senators belonging to the governing party.

Mexico is one of the top three markets for US farm production.

With regard to the now tenuous relationship with the U.S., Videgaray said "there are moments in life when it is necessary to understand when to say no", even with friends, partners and allies such as Mexico's northern neighbor.

Trump views NAFTA as a "one-sided deal" in favor of Mexico.

The peso has hit a series of record lows since Trump's election on concerns he could rip up a free trade deal with Mexico, which sends almost 80 percent of its exports to its northern neighbor.

"We are already in talks" with South Korea, he said. They are anxious Mexico could use tariffs to strike back against Trump's plans to rework NAFTA and build a wall to keep out illegal immigrants.

VW outperforms Toyota in global sales
Toyota Motor's global auto sales totaled 10.17 million units, falling below Volkswagen's 10.31 million units over the same period. Sales for the German automaker were mainly driven by a surge in sales in China - 3,548,600 units, up 12 percent year on year.

Afcon Stat Pack: All you need to know about Egypt v Morocco
The semi-finals of the AFCON will be played this week before the final next Monday morning (AEDT). When facing each other, Morocco has beaten Egypt in 13 matches, lost twice and tied 11 times.

Paula Patton accuses Robin Thicke of domestic abuse in ongoing custody battle
As the child abuse allegations are flung, claims of Thicke's serial cheating, drug use, and physical abuse are coming out. She said the next day, after that incident, he was physically violent with her and pushed her down and kicked her.

Here are five companies that stand to lose if Trump imposes a 20% tariff on Mexican goods.

"They're going to retaliate", he said about Mexico.

Mexico could target sanctions on farm products, in particular, in an attempt to punish rural communities that supported Trump in the presidential election, said Katherine Baylis, associate professor of agricultural and consumer economics at the University of IL.

Trump retaliated against Nieto's resistance with a tweet stating that "If Mexico is unwilling to pay for the badly needed wall, then it would be better to cancel the upcoming meeting", in reference to a planned meeting between the two leaders.

Mexico's version of the joint statement said Trump and Peña Nieto would refrain from publicly discussing payment for the wall.

In 2009 and 2010, Mexico put tariffs on 99 American exports in retaliation when Washington blocked Mexican trucks from using USA highways.

Besides Mexican officials and businesses, the summit in Orlando was expected to include participants from the Florida Chamber of Commerce, Enterprise Florida and representatives from Florida's seaports, including Port Tampa CEO Paul Anderson and PortMiami director Juan Kuryla.

Recommended:

  • Bethesda: PS4 Pro Patch For Fallout 4 Still In The Works

    Bethesda: PS4 Pro Patch For Fallout 4 Still In The Works

    Oh, and on top of that you'll need a whopping 58GB of storage space for all these hot textures. Fallout 4's latest patch might melt your face off, and not because of high levels of radiation.
    Fresh details on the DEADLY al shabaab attack on KDF

    Fresh details on the DEADLY al shabaab attack on KDF

    Kenya Defense Forces (KDF) spokesman Lieutenant Colonel Paul Njuguna confirmed the attack was committed by Al-Shabab. These suicide explosions were followed by hordes of attackers who were repulsed by the soldiers.
    Palace rallies Miss U support for Maxine

    Palace rallies Miss U support for Maxine

    The grand finale will be hosted by Emmy Award victor Steve Harvey and will feature body activist Ashley Graham as backstage host. She explained that the flow of the pageant is faster this time as reported by ABS-CBN .
  • Business owner who claimed mom died because of ban lied

    Business owner who claimed mom died because of ban lied

    He believes his mother would have survived if she had been able to return to her home and seek treatment, Fox 2 said. He was allowed to pass, but his mother and family members, all green card holders , were denied access.

    Go Red to support women's heart health during February

    Indianapolis firefighters are expected to participate as well as past winners of the American Heart Association's "Real people". Volunteers knitted the red hats themselves and have delivered them to metropolitan hospitals for the babies to wear.
    Why Did Apple Just File a Vaporizer Patent?

    Why Did Apple Just File a Vaporizer Patent?

    The details are a bit nebulous, as the patent only describes a "a substance that is to be vaporized or sublimated into a vapor". The e-cigarette is described in the patent having a cylindrical shape, thermal jacket and a body unit as well as a lid.
  • Washington state suing Trump over immigration order

    The move makes Washington the first state to announce a legal action against the Trump administration over one of its policies. The states could decide not to file lawsuits, and it was unclear how many states would ultimately sign on for such an effort.
    FDA issues new warning against homeopathic teething tablets

    FDA issues new warning against homeopathic teething tablets

    Food and Drug Administration announced a warning for consumers who use a popular teething tablet for their children. However, this is not the first time the FDA warned consumers about the risks associated with homeopathic products.

    GM Cutting Jobs in Canada

    Today, we have a $120 billion deficit. "Make in United States of America or pay big border tax!" "It is awful ", said Van Boekel. It stinks, it's just GM up to their normal stupid games again and taking jobs out of Canada for no reason", adds Van Boekel.
  • Up to 50 immigrants being detained at DFW Airport under Trump's order

    Up to 50 immigrants being detained at DFW Airport under Trump's order

    The man, 32, who asked to be identified only as Omar, arrived in Charlotte in 2012 and went back to Iraq to get married in 2015. She said several hundred more people who were booked on USA -bound flights in the next week were now stranded around the globe.

    West Ham agree $41.5 million Payet fee with Marseille

    After the confirmation that he was leaving the Premier League club, this is what Payet posted on his personal Twitter account . Payet joins Patrice Evra, the veteran French defender who arrived at Marseille last week on a free transfer from Juventus.
    Past wins against Federer mean nothing, says Nadal

    Past wins against Federer mean nothing, says Nadal

    Wawrinka left the court for medical treatment before the third set began, returning with a bandage below his right knee. An hour later, Serena ensured had there'd be a ninth all-Williams Grand Slam final - and first in Australia since 2003.


Popular

Amazon to move Prime Air cargo hub to Cincinnati
Matt Bevin played a key role in the deal by sitting in meetings with Amazon officials to craft a state incentive package. Amazon .com, Inc. has a lease agreement for 40 cargo planes. 2,000 of these jobs will be at the hub in Kentucky.

Sen. Schumer: Immigration ban 'mean-spirited and un-American'
There are 42 American citizens or green card holders being held at airports nationwide due to the order, according to Schumer. Choking back tears, Schumer, called the ban "mean-spirited and un-American".

Gov. Bryant: DeVos 'will be a transformative leader' for Dept. of Education
Senate Democrats, including Senate Minority Leader Chuck Schumer (D-New York), have criticized DeVos on a variety of fronts. The flurry of opposition is tied to DeVos's long history of activism for school choice, particularly voucher programs.

Resident Evil 7 Ships 2.5 Million Copies, Demo Downloads Hit 7 Million
Biohazard, the most recent title of the successful franchise of Capcom, has already sold 2.5 million units worldwide. When playing in virtual reality, Ethan's arms float in front of you as you walk around in the game.

Selena, Weeknd get cosy in Italy
Her arm tucked inside that of her new boyfriend, 24-year-old Selena looked besotted as the pair took in the sights. He has supported her fully since leaving rehab and she finds that support invaluable. "He really likes her".

Iranian actor to boycott Oscars over Trump's 'Racist' Visa Ban
However, reps for Farhadi , The Salesman , and the film's distributor did not immediately respond to EW's requests for comment. Asghar Farhadi is up for an Academy Award in the Best Foreign Film category for his psychological thriller "The Salesman".

John Legend joins 'The Voice' Season 12 as Adam Levine's advisor
Khaled predicted that Alicia was going to win this season, saying, "We gotta put it out there". John Legend has signed up to help Levine's team.

Rajon Rondo's Response To Dwyane Wade And Jimmy Butler Was On Point
Did Butler and Wade come here as losers? When you express yourself and get everything out, it makes relationships better. Although Rondo's trade value is minimal right now, the Bulls are just going to have to cut bait. "That can't be.

Remembering Mary Tyler Moore's impact on the Shenandoah Valley
Hat tip to Virginia Heffernan, who wrote Tyler Moore's New York Times obituary , who alerted JTA to this letter over Twitter. Coming into the role of Laura, she brought a lot of herself, and one thing she felt strongly about was her trousers .

Aitor Karanka slams Gaston Ramirez for forcing move
The clubs are in talks over a move for the 23-year-old, who joined the French champions from Real in August for £21m. He's not like Victor Valdes or Alvaro Negredo, who are in their thirties.