Monday, February 20, 2017

Because of proximity and because of NAFTA 80% of Mexico's foreign trade is with the United States. They were drawn in, we drew them in, and now De Facto means to re-write NAFTA. So what do you think Mexico's thinking and doing? It's a big-ass world out there.

Adios America, hola world? Mexico pivots away from U.S.

Mexico's president, Enrique Pena Nieto, recently announced a new push for trade deals with countries in Latin America, Asia and Europe.
"Mexico will become closer to Argentina and deepen and expand trade opportunities," Pena Nieta said on Jan. 23.

Pena Nieto went on to note that Mexico would pursue agreements with Chile, Peru and Colombia, as well as Asian countries that were a part of the Trans-Pacific Partnership, a trade deal Trump killed.
Already, investment and interest in Mexico is starting to come from across the oceans.

Chinese auto company JAC Motors and Mexico's Giant Motors announced earlier in February they will invest $212 million in an existing car plant in Hidalgo, Mexico, to build SUVs.
Chinese telecommunications company Huawei has already been expanding its presence in Mexico.
Europe wants in too. Volkswagen's biggest factory outside Europe is in Puebla. Audi also opened a new plant in Puebla in September, and BMW recently announced plans for a future plant in Mexico.

So, to whatever extent NAFTA benefits the U.S. the U.S. will lose those benefits with a Mexican pivot. Our loss will be China's and Europe's and Latin America's gain. And if De Facto's position is that NAFTA is a net-negative for the U.S. then it follows that he ought to be jacking his small dick with his short stumpy fingers in glee at this Mexican pivot, this is addition by subtraction for the U.S. Doubly so. U.S. net losses will now be China's and Europe's and Latin America's. it follows that China and Europe and Latin America, who are all too eager to fill the vacuum left by the U.S., are chumps and that De Facto is the only one who is right.