The Chamber of the Transformation Industry (Caintra) of Nuevo León asked the Government this Tuesday to focus on protecting the Treaty between Mexico, the United States and Canada (TMEC), in the face of the threats of the next US president Donald Trump.
Máximo Vedoya, president of the organization, argued that all of North America benefited greatly from the North American Free Trade Agreement (NAFTA or NAFTA), which since 2020 has been the USMCA, signed during Trump’s first presidency.
The statements by the general director of Ternium are in relation to Trump’s warnings of imposing 25% tariffs on Mexican products if not stopping migration and drug trafficking.
“It was a treaty that improved for all countries, for Canada, for the United States and for Mexico, Mexican exports to the United States increased, but exports from the United States to Mexico also increased greatly,” he indicated in a press conference. .
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Vedoya highlighted that the current treaty is very good, but it maintains areas of opportunity before its review in 2026.
“Our focus has to be on making this review the best possible. There are things to improve in the treaty, without a doubt, but the Government has to be focused on how we improve it and how the relationship with the United States develops in the best possible way,” commented the industrial leader within the framework of the last round of talks. press of 2024 of the General Council of Caintra, which represents more than 3,800 companies in Nuevo León.
Vedoya stressed that no one is in favor of drugs or illegal immigration, which are two of the issues that the president-elect of the United States mentioned.
“It’s not that Mexico is not doing its job, it is doing its job. There is through dialogue, to show how we improve that, but above all how we improve, how we further intensify this trilateral relationship of this treaty and how we see that the challenges are common ones,” he shared.
He added that both Trump and President Claudia Sheinbaum have mentioned that the great challenge is how to give added value to the region compared to Asia.
“The United States imports almost 1.3 trillion dollars from Asia and exports 700 million, it has a gigantic deficit, the same thing happens with Mexico and the president was very clear about that. Mexico imports almost 236 billion dollars from Asia, it has a deficit of 200 billion dollars. “They are gigantic numbers,” he stressed.
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Regarding Canada’s approach to removing Mexico from the USMCA, he maintained that he does not share these voices.
“Canada was also someone who benefited from this treaty, which benefits from Mexico, so it seems to me that the three of us have to see how we work together,” he said.
With information from EFE
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