A Quote by Luis Videgaray Caso
If NAFTA goes away, it's not the end of the world. It certainly is not the end of trade between Mexico and the United States.
Related Quotes
The potential of Mexico, Canada and the United States is enormous. We have a combined population of half a billion people; peaceful trade-friendly borders that are the envy of the world; the prospect of energy independence is within reach and will change the geopolitical situation of United States; we do a trillion dollars in trade among the three countries; more than 18,000 American companies are involved in foreign direct investment in Mexico and Canada; an increasing number of Mexican companies are creating jobs in the United States.
Six million jobs in the US depend on trade with Mexico. Ten border states - six in Mexico and four in the United States - combined have the third or fourth largest economy in the world. Twenty-nine US states depend on Mexico as their primary export market.
In terms of the nature of the continuation of the Cold War, which has gone on so long between Cuba and the United States, I applaud the president for aggressively trying to end it and I hope we will have not only full diplomatic relations, but that the trade embargo will end.
We also discussed [with the President of Mexico] the great contributions of Mexican-American citizens to our two countries, my love for the people of Mexico, and the leadership and friendship between Mexico and the United States. It was a thoughtful and substantive conversation and it will go on for awhile. And, in the end we're all going to win. Both countries, we're all going to win.
Mexico is the only country in the world that has a trade agreement with United States and Canada, and at the same time has one with Europe. These are the two largest markets in the world. By the same token, Mexico has one of the most open economies.
NAFTA, by itself, will not collapse. The possibility is that the United States leaves the treaty, but the treaty itself would keep regulating relations between Canada and Mexico.
I think it's very unlikely that we're going to see a trade war between the United States and Mexico because it's in nobody's interest to see a trade war.
Mexico has 44 treaties with other countries that make it very advantageous to do international shipping from Mexico rather than from the United States. Believe it or not, Mexico has better treaties with the rest of the world than the United States does.
I think Canadians, by and large, during the American election, every time Donald Trump talked about NAFTA, we felt that he was talking about Mexico. Now, if Donald Trump tears up NAFTA, there is still a Canada-U.S. Free Trade Agreement. And we all assume that we will revert back to that agreement, which is essentially the same as NAFTA except Mexico is no longer at the table. I think, you know, that is what we are hoping for.
Well, the sugar guys have been dealing with NAFTA ever since it passed. Now we've got Mexico dumping sugar that's subsidized by the Mexican government into our market in violation of the World Trade Organization, because NAFTA gave them open access to our sugar market. They claim they're not subsidized, but the government owns half the industry in Mexico.
This system, built on free markets, free trade and free peoples and American protection, that's what got us from the end of World War II to the extraordinary events of the end of the Cold War and a system that was one of prosperity and peace for a lot of people, including for the United States.
I am a firm believer in free but fair trade. However the United States should not be on the losing end of trade agreements that are not enforced. It is time that we make China play fairly.
While the foreign policy elite in Washington focuses on the 8,000 deaths in a conflict in Syria – half a world away from the United States – more than 47,000 people have died in drug-related violence since 2006 in Mexico. A deeply troubled state as well as a demographic and economic giant on the United States’ southern border, Mexico will affect America’s destiny in coming decades more than any state or combination of states in the Middle East.
My impression about the Panama Canal is that the great revolution it is going to introduce in the trade of the world is in the trade between the east and the west coast of the United States.
We need to realize that the economic situation between Mexico and the United States is not just one in which we trade with one another. We make things together. We have shared production platforms. Cross-border trade is part of a single production process, and while apparently the Trump administration will seek to re-examine elements of that production platform, it is what it is and won't be easily dismantled.
The real end winner of NAFTA is going to be Mexico because we have the human capital. We have that resource that is vital to the success of the U.S. economy.
Related Authors
Alexander Hamilton Quotes
American
Politician
Benjamin Franklin Quotes
American
Politician
Bernie Sanders Quotes
American
Politician
David Brooks Quotes
American
Politician
Hillary Clinton Quotes
American
Politician
Jill Stein Quotes
American
Politician
John F. Kerry Quotes
American
Politician
John McCain Quotes
American
Politician
Marco Rubio Quotes
American
Politician
Mitt Romney Quotes
American
Politician
Narendra Modi Quotes
Indian
Politician
Newt Gingrich Quotes
American
Politician
Paul Ryan Quotes
American
Politician
Rand Paul Quotes
American
Politician
Ron Paul Quotes
American
Politician
Ted Cruz Quotes
American
Politician