Partner Greg Husisian is quoted in a Forbes article, “Game Changer in NAFTA as Trump Makes Mexican Border A Potential Deal Breaker,” about the chances that a NAFTA deal will be struck prior to Mexico’s July 1 presidential election.
Husisian views President Trump’s threats to pull out of NAFTA over the issue of border security as a tactic designed to apply leverage in the trade talks.
“I see no chance of this getting wrapped up by July 1, let alone May 1 (the deadline Trump has set for a trade deal in exchange for a temporary exemption from his proposed tariffs on aluminum and steel),” Husisian said. “This is an important trade deal for Mexico. [Leading presidential candidate Andres Manuel Lopez] Obrador can talk all he wants about more trade with China or whatever. But if NAFTA dies, the whole Mexican economy takes a hit. They are really limited on how much they can stick it to the U.S. in these negotiations.”
Husisian views President Trump’s threats to pull out of NAFTA over the issue of border security as a tactic designed to apply leverage in the trade talks.
“I see no chance of this getting wrapped up by July 1, let alone May 1 (the deadline Trump has set for a trade deal in exchange for a temporary exemption from his proposed tariffs on aluminum and steel),” Husisian said. “This is an important trade deal for Mexico. [Leading presidential candidate Andres Manuel Lopez] Obrador can talk all he wants about more trade with China or whatever. But if NAFTA dies, the whole Mexican economy takes a hit. They are really limited on how much they can stick it to the U.S. in these negotiations.”
People
Related News
July 24, 2025
In the News
Foley's Trial Team Featured Following Landmark Victory in Texas Trade Secret Case
Foley & Lardner LLP’s recent landmark appellate victory in a Texas trade secrets case is featured in the Texas Lawyer article, "Ruling Sets Precedent for Employment, Trade Secrets, Fiduciary Duty."
July 24, 2025
In the News
Gregory Husisian and David Simon on Tariff Evasion – 'Huge money at stake'
Foley & Lardner LLP partners Gregory Husisian and David Simon detailed the rise and risks of tariff evasion in the POLITICO article, "As Trump raises tariffs, companies find ways to cheat — and risk getting caught."
July 23, 2025
In the News
Aaron Maguregui on AI Scribes in Health Care – 'Technically, it's a third party listening'
Foley & Lardner LLP partner Aaron Maguregui shared insights on the growing applications for artificial intelligence across health care in the healthleaders article, “Is Your AI Scribe HIPAA-Compliant?“