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Home Economy

Migration, Drug Trafficking, and Trade: Key Issues Shaping the Mexico-US Agenda

The USMCA review will face challenging moments, according to Larry Rubin, President of the American Society of Mexico.

T21 Media by T21 Media
17 November, 2024
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Participating in the XIX Annual Convention of the Mexican Institute of Foreign Trade Executives (IMECE) , Larry Rubin , president of the American Society of Mexico , said that drug trafficking, migration and trade will be the main issues in the relationship between our country and the United States.

At the conference The Mexico-United States of America relationship for the period 2024-2030. Investment and trade , he said that both countries will have a dynamic and intense agenda starting January 21, 2025 , which, he considered, will be for the best, since despite the threats of President-elect Donald Trump , there is a “brotherhood” between the two nations.

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During his speech, Rubin explained that the United States’ policy has changed, and pointed out that the United States will not encourage left-wing governments, as is the case in Mexico, something that Trump has made clear in his policy against Venezuela and Cuba.

In that sense, he said that our country will not match the new US government in the ideological sense , which will be somewhat complex, since Trump won the House of Representatives and the Senate. .

Regarding the central issues on the bilateral agenda, he assured that the review of the Treaty between Mexico, the United States and Canada (T-MEC) , which he considered will be a renegotiation, will have harsh episodes, since there could be tariffs for our country.

“Trump’s style is like a father scolding and the punishment is the tariff,” he stressed, and said that in light of this, the two countries must work together. “What is wanted is for Mexico to change the policy of ‘hugs, not bullets,’” he said.

Regarding migration, he indicated that there have also been no results, so Trump will apply pressure and if Mexico cooperates, he estimated, there will be positive repercussions.

Larry Rubin emphasized that the Mérida Plan should be resumed, since it was an important security mechanism that benefited our country when it was implemented.

The specialist recalled Donald Trump’s threats to eliminate the North American Free Trade Agreement (NAFTA) , but understood that it was impossible because, among other reasons, the United States does not have the labor force it needs.

These issues cannot be resolved by our northern neighbor alone, which is why it needs Mexico’s support, he said, and estimated that the outlook for business is encouraging.

The trade relationship between Mexico and the United States is very important in the regional context, since according to the Ministry of Economy , as of the second quarter of 2024, the northern neighbor remains the main investment partner in the country , concentrating 44% of total flows , which add up to 13,717 million dollars .

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Comment and follow us on X: @Eliseosfield / @GrupoT21

 

Tags: Donald TrumpLarry RubinMIGRATIONnaftaUSMCA

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índice de Confianza del Transporte y Logística – Cuarto trimestre 2023 10 destinos de exportación de vehículos pesados 2023 Descubre el Top 10 de destinos de exportación de vehículos pesados en México en 2023 La venta de vehículos pesados rompe récord en 2023 5 marcas de camiones más vendidas