USMCA gains outweigh the losses, director says

USMCA gains outweigh the losses, director says


CHARLES: MAYBE SHE IS. ED, WE APPRECIATE IT, YOU ALWAYS TEACH US A THING OR TWO. WHILE WE AWAIT SOME SORT OF OUT COME WITH THE UNITED STATES SITUATION, THE UNITED STATES HAS A HAS ANOTHER DEAL TO WORRY ABOUT. USMCA DEAL EVEN THOUGH MEXICO AND CANADA ARE IN AGREEMENT, WHAT IS HOLDING THIS UP? I WANT TO BRING IN FORMER COUPLE PERCENT DEPARTMENT DEPUTY DIRECTOR CHRIS GARCIA IN MEXICO CITY, WORKING ON THE TRADE ALLIANCE WITH MEXICO. ALWAYS GREAT TO GO TO THE SOURCE. MEXICO IS WONDERING WHAT IS HOLDING THIS UP?>>CHARLES, FIRST OF ALL, WE’RE ON THIS TRADE DELEGATION. GOOD AFTERNOON FROM MEXICO CITY, WITH THE AMERICAN COUNCIL OF YOUNG POLITICAL LEADERS, THE U.S.-MEXICO FOUNDATION. WE SENT A TRADE DELEGATION DOWN HERE TO FIND OUT WAYS TO STRENGTHEN THE U.S.-MEXICO ALLIANCE. WHAT WE FOUND FROM OUR DISCUSSIONS WITH BUSINESS LEADERS AND GOVERNMENT OFFICIALS IN MEXICO, BASICALLY THAT THERE IS A FEW ISSUES LIKE LABOR, ENVIRONMENT THAT ARE TRYING TO STILL BE WORKED OUT WITH THE U.S. CONGRESS. HOUSE DEMOCRATS ARE COMING DOWN ON THE TRADE DELEGATIONS BUT THE OVERWHELMING CONSENSUS, CHARLES, THERE IS MORE TO GAIN FROM THE PASSAGE OF USMCA THAN BY REOPENING THE TEXT. RIGHT NOW WE THINK THAT THE U.S. ECONOMY IS STRONG BUT WE SEE THAT MEXICO’S GDP GROWTH HAS SLOWED A LITTLE BIT. USMCA AND THAT RATIFICATION BY THE UNITED STATES IS REALLY GOING TO PROVIDE A BOOST FOR NOT JUST THE U.S. ECONOMY BUT ALSO THE MEXICAN ECONOMY. SO EVERYBODY WINS. NOW THEY THINK NOW IS THE TIME TO PASS IT. CHARLES: TO THAT POINT, WHEN YOU SAY EVERYONE WINS, THIS IS CHALK FULL OF THINGS THAT DEMOCRATS TRADITIONALLY WANT IN SUCH A BARGAIN, INCLUDING HIGHER PAY FOR UNION WORKERS. RICHARD TRUMKA IS GOING TO BE HEADING DOWN THAT WAY SOON. HE WILL MAKE SOME SORT OF ANNOUNCEMENT. DO YOU THINK THE DEMOCRATS ARE RISKING ALIENATING UNION WORKERS BY DRAGGING THIS ON? FARMERS WANT THIS PASSED AS WELL?>>YEAH. FARMERS WANT IT PASSED. I THINK UNION LEADERS COMING DOWN TO MEXICO IS A POSITIVE SIGN. MOST OF THESE OW STANDING ISSUES CAN BE WORKED OUT WITH SIDE LETTERS AND AGREEMENTS AFTER THE FACT. BUT REALLY WHAT WE’RE SEEING HERE, IT IS NOT JUST, THAT THE TRADE, AGREEMENT BETWEEN THE UNITED STATES AND MEXICO AND CANADA WILL BRING US CLOSER TOGETHER, BUT REALLY THE PRESIDENT’S, THE PRESIDENT’S COMMITMENT TO STRENGTHENING THAT ALLIANCE WILL BRING US CLOSER TOGETHER. WE’VE SEEN SIGNIFICANT MOVEMENT FROM THE PRESIDENT TO MAKE SURE WE HAVE U.S. AMBASSADOR. WE HAD THE U.S. AMBASSADOR CONFIRM WHICH IS A GREAT SIGN. THE STATE OF U.S.-MEXICO RELATIONS IS VERY STRONG. IN FACT A LOT OF OUR COUNTERPARTS WE MET WITH WERE SURPRISED TO HEAR, BECAUSE THERE IS SO MUCH MISCONSTRUING, MISREPORTING WHATEVER IT MIGHT BE ABOUT PRESIDENT TRUMP AND PRESIDENT LOPEZ OBRADOR, BUT SURPRISED PRESIDENT WANTS MORE IMMIGRANTS FROM MEXICO AS LONG AS THEY’RE LEGAL, THEY’RE HARD-WORKING SMART, AMBITIOUS. THEY WANT TO ACHIEVE THE AMERICAN DREAM. THAT IS WHAT WE WANT TO SEE MORE OF. THERE IS MORE THAN WE GAIN BY GROWING ALLIANCE, GETTING CLOSER TO MEXICO. THAT WILL BE — CHARLES: WE HAVE JUST 30 SECONDS IF THEY SIGN THIS DEAL, DOES THIS ALSO HELP PRESIDENT TRUMP AND GIVE HIM MORE LEVERAGE WITH RESPECT TO THE NEGOTIATIONS WITH CHINA?>>YEAH. ABSOLUTELY. THERE IS ONE BIG OUTCOME THAT I SAW, ONE OF THE DELIVERABLES THAT I SAW, WE HAVE MANY INDIVIDUALS IN THE BUSINESS COMMUNITY IN MEXICO THAT PREFER, THE GOVERNMENT OF MEXICO PREFERS U.S. INVESTMENT IN MEXICO RATHER THAN CHINESE INVESTMENT. ONCE WE HAVE THE REGIONAL ALLIANCE BUILT OUT, WE’LL BE ABLE TO TACKLE CHINA WITH A MUCH STRONGER PLATFORM. REALLY THIS HAS BEEN A VERY POSITIVE TRIP. THE FUTURE IS BRIGHT FOR THE UNITED STATES AND MEXICO.

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About the Author: Oren Garnes

7 Comments

  1. And that idiot Justine just sent 2.6 5 billion to fight climate change in third world countries. We the people didnt agree to this

  2. A crime that Congress holds up anything that will not only benefit Americans but if it makes Trump a winner, the Democrats close their eyes and play dumb..oh wait, they are already dumb!!!!!

  3. LOL at trump rebranding nafta and calling it a good deal. trump supporters might be the stupidest fuckin people on the planet

  4. Bloviating Blowhard wants the votes of the party he can’t stop demonizing & dehumanizing for his Cult of Hatriots to target 🎯

  5. Do the Democrats still represent the unions? And if so do they represent the blue collar jobs or the white collar jobs in America? And the answer is. White collar jobs. Weird but true.

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