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.”
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