Economy

The Trump Effect: Mexico Wants To Start Talks ASAP

He said Mexico is willing to negotiate over Trump’s plan to build a border wall.

Just 4 days after Vincente Fox went on another Twitter tirade saying they won’t pay for Trump’s F____ing wall, Mexico says they want to start talking as soon as possible.

Now the AP is reporting.

MEXICO CITY (AP) –– Mexico’s new foreign relations secretary said Tuesday his country isn’t just willing to negotiate changes to the North American Free Trade Agreement, it wants to start talks as soon as possible.

Luis Videgaray said there’s “enormous uncertainty” following the U.S. election of Donald Trump as president. Trump has pressured companies not to move jobs to Mexico, warned he would tax those who do, and has vowed to renegotiate NAFTA.

Videgaray said in a Radio Formula interview that Trump’s actions have caused concern, adding “that is why this (negotiation) process is so important, to dispel this uncertainty.” He said talks should start “as soon as possible.”

……

He said Mexico is willing to negotiate over Trump’s plan to build a border wall. But Videgaray said Mexico won’t pay for the wall, calling that “unacceptable.”

Keep reading…

They still don’t get it. All that has to be done is to charge a “Wall Fee” on all remittances sent to Mexico. Remittances to Mexico account for 40 percent of all money sent to Latin America from the U.S.. $22 billion in 2013, according to Pew.

So place a 10% fee over 5 years and guess what? The wall is paid for.

It doesn’t take rocket science to figure this one out. What do you think?

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Pontificus Maximus Aka Duke Taber

I am irredeemably deplorable and I own this website.