Videgaray says meetings with Trump are not ruled out

Mexico's Foreign Minister Luis Videgaray
Mexico’s Foreign Minister Luis Videgaray

Reuters

Mexico’s foreign minister Luis Videgaray said further meetings with Trump administration officials in coming days are not ruled out, according to a report Monday.

He said there is no tentative date yet for a meeting between U.S. President Donald Trump and Mexican President Enrique Pena Nieto. But, the minister said, if the peso is a gauge of relations with the U.S., last week was a good week.

The Mexican peso briefly rose about 1 percent against the U.S. dollar Monday morning after netting a gain of more than 3 percent in volatile trade last week.

Videgaray said the phone call between the two presidents helped calm tensions with the U.S., but differences remain. The minister said remittances have not been a point of discussion so far with the Trump team, while talk of making organized crime pay for a wall is a positive sign.

The foreign minister also said Mexico will keep its immigration policy the same and is not closing its doors to anyone.

http://www.cnbc.com/2017/01/30/mexico-foreign-minister-says-meetings-with-trump-administration-not-ruled-out.html

How a Mexican border city is reacting to Trump

Economist -UNLIKE conventional wars, the one that has broken out between Mexico and the United States is not starting on the border. Some 178,000 people still cross over daily from Tijuana to San Diego through the busiest border post between the two countries. But the conflict that Donald Trump has provoked with Mexico is causing unease, even dread in Tijuana, a city of 1.7m people.

http://www.economist.com/news/americas/21715827-fear-and-feistiness-how-mexican-border-city-reacting-president-trump

How a Corona beer gets from Mexico to U.S.

Reuters – Ordering a bottle of Corona beer at a bar in the United States is a simple proposition. Getting it there from its brewery in Mexico involves a complex, cross-border supply network that will likely get more complicated if U.S. president Donald Trump follows through on vows to renegotiate the North American Free Trade Agreement (NAFTA) or tax imports.

http://www.businessinsider.com/r-rpt-what-it-takes-to-get-a-corona-from-mexico-to-a-us-heartland-bar-2017-1

Monsanto sees long delay on GMO corn permits

Reuters – A ban on planting genetically modified corn in Mexico is likely to continue for years as a slow-moving legal battle grinds on, said a top Monsanto executive. Last week, a Mexican court upheld a late 2013 ruling that temporarily halted even pilot plots of GMO corn following a legal challenge over its effects on the environment.

http://www.reuters.com/article/us-mexico-monsanto-idUSKBN15E1DJ

Think tank: Trump “vilification” of Mexico will harm U.S.

The Hill – A leading progressive think tank is warning that President Donald Trump’s “vilification” of Mexicans could scuttle the U.S.-Mexico relationship The Center for American Progress (CAP)  said the U.S.-Mexico relationship is in “perhaps the best shape it has ever been. But it predicts that if Trump’s “vilification” becomes official policy, “it will harm the United States—at home, throughout the Americas, and around the globe.”

Ford’s retreat is a cautionary tale for manufacturers

LAT – For Mexican officials and global automakers, the site of Ford Motor Co.’s now-scrapped plans to build a $1.6-billion factory in central Mexico stands as the harbinger of a clouded future. The good times of hefty profits based on cheap Mexican labor and tariff-free exports to the United States might be coming to a crashing halt.

http://www.latimes.com/world/mexico-americas/la-fg-mexico-nafta-2017-story.html

Trump tasks son-in-law with managing Mexico dispute

Chicago Tribune – President Donald Trump shifted a jam-packed schedule Friday to make room for an hourlong phone call with Mexican President Enrique Pena Nieto. By the end of the conversation, Trump had tasked his son-in-law and senior adviser, Jared Kushner — a real estate executive with no national security experience — with managing the ongoing dispute.

http://www.chicagotribune.com/news/nationworld/politics/ct-trump-kushner-diplomacy-20170128-story.html

In Trump fight, Mexico has many ways to punch back

Washington Post – If the trade war is coming, how would Mexico fare? Mexico is not without leverage if this dispute escalates. Top economic officials have already said that Mexico would “mirror” any additional taxes or tariffs that the United States imposes. Former officials have said that Mexico could also tax corporate profits from the many American companies with operations in Mexico.

https://www.washingtonpost.com/world/the_americas/in-fight-with-trump-mexico-has-plenty-of-ways-to-punch-back/2017/01/28/07d57d58-e4d0-11e6-a419-eefe8eff0835_story.html?utm_term=.d8c07ab06f91

Nearly 5 million U.S. jobs depend on Mexico

Market Watch – There are 4.9 million workers who depend on the deteriorating U.S.-Mexican relationship. That’s the conclusion of a study done late autumn by the Wilson Center’s Mexico Institute, a nonpartisan policy think tank, which published an in-depth study on economic ties between the two countries last November.

http://www.marketwatch.com/story/nearly-5-million-us-jobs-depend-on-mexico-2017-01-27