Mexico has free trade dealswith no fewer than 45 nations (although only one, the U.S., buys 80 per centof its exports.) Replacing American corn Mexico’sstrategy is similar to Canada’s avoid responding to verbal provocationsandremain optimistic. It is also, like Canada , vigorously seeking new trading partners,an insurance policy in case NAFTA really does end. Negotiating with others remindsthe Americansthere are other fish in the sea. Mexico’s looking toBrazil and Argentina, South America’s two biggest economies. Mexico’s Agriculture Secretary Jose Calzada recently led a trade mission of yellow corn importers to Brazil and Argentina, seeking to diversify its markets. (Reuters) Mexico’s Agriculture Secretary JoseCalzada recently led a trade mission of yellow corn importers to both countries as part of a plan to diversify. Last year 98 per cent of Mexico’simported corncame from the U.S. $3.25 billion Cdn of annual businessfor Americanfarmers. “This is not some visit to build commercial relationships or generate goodwill,” Calzada emphasized. “We are going there to sign purchase agreements.” Beyond corn, Mexico is the Americans’ third-largest agricultural market overall. That makes Mexico risky to offend reports saidTrump’s new agriculture secretary did point thisout to the presidentWednesday. American farms were already hit hard by immigration changes that threatened their workforce, deBollesaid. “Rhetoric does have economic impact,” she said.
For the original version including any supplementary images or video, visit http://www.cbc.ca/news/politics/mexico-nafta-strategy-1.4090182
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