Menu Search Facebook Twitter
Search Close
  • Capital Coahuila
  • Capital Hidalgo
  • Capital Jalisco
  • Capital Morelos
  • Capital Oaxaca
  • Capital Puebla
  • Capital Quintana Roo
  • Capital Querétaro
  • Capital Veracruz
  • Capital México
  • Capital Michoacán
  • Capital Mujer
  • Reporte Índigo
  • Estadio Deportes
  • The News
  • Efekto
  • Diario DF
  • Capital Edo. de Méx.
  • Green TV
  • Revista Cambio
Radio Capital
Pirata FM
Capital Máxima
Capital FM
Facebook Twitter
X Welcome! Subscribe to our newsletter and receive news, data, statistical and exclusive promotions for subscribers

Videgaray: Mexico Will Only Stay in NAFTA if it Suits it

One point of tension between the two countries has been the treatment of undocumented Mexican immigrants in the United States

Mexico's Foreign Minister Videgaray talks to the Senate about the state of U.S.-Mexico relations in Mexico City, photo: Reuters/Carlos Jasso
By Reuters Whatsapp Twitter Facebook Share
10 months ago

MEXICO CITY –A defiant Mexico said on Tuesday it would only stay in NAFTA if it suited it and rejected the imposition of any tariffs or quotas when renegotiating the trade deal U.S President Donald Trump wants to recast to benefit the United States.

Trump has vowed to exit the North American Free Trade Agreement, the 1994 accord which also includes Canada, if he cannot get better terms. For its part, Mexico would not accept changes that restricted free trade, Foreign Minister Luis Videgaray said at a session of Mexico’s Senate.

“We will remain if it suits Mexico,” Videgaray said. “(NAFTA) is not an act of faith, or a dogmatic position, it is an instrument to generate jobs.”

He was speaking days after a visit to Mexico by U.S. Secretary of State Rex Tillerson and Homeland Security Secretary John Kelly in which Mexican officials hardened their position against trade and immigration policies under Trump.

The Republican president has angered Mexicans with calls for U.S. firms not to invest south of the border, hard line immigration policies and plans to make Mexico finance a border wall.

Trump spoke positively about a 20 percent border tax on imports being pushed by Republicans in Congress during a Reuters interview last week. He had previously sent mixed signals about the proposal.

Mexico has expressed confidence Trump will not be able to impose harsh barriers on imports anytime soon and vowed to retaliate if the United States imposed a border tax.

Videgaray, who is leading Mexico’s diplomacy with Trump, said trade talks would begin in June or later and would not be quick.

“The executive branch, via the economy ministry, will not accept any modification that implies damage or doesn’t benefit the national economy,” he said.

The country also shouldn’t turn its back on China or the possibility of strengthening that relationship, he said.


One point of tension between the two countries has been the treatment of undocumented Mexican immigrants in the United States. Videgaray said he had asked the United Nations and the Organization of American States to be on a state of alert on the issue.

Videgaray said he had emphasized to Tillerson and Kelly last week the importance of a “Totalization Agreement” – signed in 2004 but never ratified – that he said allowed Mexican deportees to access social security payments and savings made while in the United States

Comments Whatsapp Twitter Facebook Share
More From The News
Latest News

Democrat Jones wins stunning red-state A ...

5 days ago

Asian stocks mixed ahead of Fed rate ann ...

5 days ago

NFL Network suspends analysts over sexua ...

5 days ago

Minnesota announces restrictions on usin ...

5 days ago
Most Popular

IMF Seeks Contingency Plans for Vulnerab ...

By The News

WALMEX Sales Grow 15.6 Percent in Februa ...

By Omar Sánchez

In the Market for a Diamond? Lucky You.

By The News

Brazil's Agnelli, Who Turned Vale Into T ...

By Reuters

Taste for Bacon Spurs Investor Feast as ...

By The News