Mexico is ready to hit the US where it hurts: Egypt.
Mexico is one of the best buyers in the world today. And Foreign Relations Congress Committee, Leading the Congress Committee, Mexican Senator Armando Rios Piter said this week that Mexico will offer a bill to buy Egypt from Brazil and Argentina instead of the United States.
In response to President Trump’s threats to the country, he is one of the first signs of potential concrete action from Mexico.
43 -year -old Rios Piter, CNN’nin Leyla Santiago’ya said in a statement on Sunday, “I will send an invoice for Egypt in the Middle West and … Anti -Trump protest at Mexico City.
“A good way to tell them has the consequences of this hostile relationship, I hope it is changing.”
The American Egypt is entering most of the country’s dinner. In Mexico City, it stands on the street from thin food restaurants to Taco, and corn -based favorites like Tacos can be found anywhere.
Related: Mexican farmer’s daughter: NAFTA destroyed us
America is also the world’s largest producer and Egyptian exporter. American Egyptian shipments to Mexico have been a catapult since NAFTA, a free trade agreement between Mexico, America and Canada.
American farmers sent $ 2.4 billion to Egypt to Mexico in 2015, the last year of the current data. In 1995, the year after NAFTA became a law, Egyptian exports to Mexico were only $ 391 million.
Experts say such a bill will be very costly for US farmers.
“Indeed, if we see a trade war that Mexico has started to buy from Brazil, we will see that it affects the Egyptian market and we will see the fluctuation to the rest of the AG economy,” he said. Says.
Rios Piter’s bill is another sign of Mexico’s desire to respond to Trump’s threats. Trump wants to pay Mexico for a wall at the border and threatens taxes in Mexican imports by 20% to 35%.
Trump also wants to re -negotiate NAFTA. He blames Mexico for a production. A non -partisan congress research The report found it wasn’t right.
Related: Mexico doubles in the ‘unexpected situation plan’
Nevertheless, Trump says he wanted a better trade agreement for the American worker – but he didn’t say what a better deal looks like.
All parties pointed out that the negotiations will begin in May after a 90 -day consultation period two weeks ago.
However, Trump says he threatens to withdraw from Nafta if the negotiations do not assume the agreement he wants.
Such a challenging speech is not well received by Mexican leaders such as Rios Piter. He’s not alone. Mexican Economy Minister Ildefonso Guajardo said in January that Mexico will answer “immediately” to Tariffs from Trump.
“It is clear that we should be ready to immediately neutralize the effect of a measure of nature.” He said.
-Shasta Darlington contributed to this story to report
CNNMONEY (Mexico City) First Published 13 February 2017: 12:06 Meat
