President-elect Donald Trump has repeatedly stated that Mexico will pay for construction of the massive border wall he plans to build.
He later said Mexico would reimburse the U.S.
Former Mexican President Vicente Fox has said that neither will happen.
Now, Mexico is saying they are willing to negotiate with Trump, specifically referring to NAFTA.
The right call.
From Associated Press:
MEXICO CITY (AP) — Mexico’s new foreign relations secretary said Tuesday his country isn’t just willing to negotiate changes to the North American Free Trade Agreement, it wants to start talks as soon as possible.
Luis Videgaray said there’s “enormous uncertainty” following the U.S. election of Donald Trump as president. Trump has pressured companies not to move jobs to Mexico, warned he would tax those who do, and has vowed to renegotiate NAFTA.
Videgaray said in a Radio Formula interview that Trump’s actions have caused concern, adding “that is why this (negotiation) process is so important, to dispel this uncertainty.” He said talks should start “as soon as possible.”
Mexico’s peso weakened further Tuesday, closing at an interbank rate of 21.73 to $1.
What choice does Mexico have?
America is still the most powerful nation on earth, and Trump is the leader.
Cooperate with the U.S., or feel the burn.