Amid U.S.-Mexico acrimony, energy might present common ground and opportunity, analysts say

2/26/2017 Los Angeles Times

oil-rigsPresident Trump has repeatedly said he wants to renegotiate NAFTA and railed at U.S. companies that moved operations to Mexico. His administration has suggested imposing punitive tariffs, and he continues to say he’ll make Mexico pay for a wall on its norther border.

South of that border, Mexico’s foreign secretary reportedly told Mexican lawmakers in private that the country is prepared to impose tariffs of its own. According to news reports, Luis Videgaray said the Mexican government is bracing for a long “battle” with the Trump administration.

Such cross-border talk has raised fears north and south about possible bruising effects on various industries, such as automobile manufacturing and agriculture.

But many analysts agree that in at least one sector — energy — the two countries still share opportunities for financial gain and have less incentive for conflict. Even if some terms of the North American Free Trade Agreement change, they say, energy can remain a boon for both countries’ economies, along with that of Canada.

Read more…

Advertisements

One thought on “Amid U.S.-Mexico acrimony, energy might present common ground and opportunity, analysts say

  1. We have the means to put Trump and his government in their place, we need to take the lead in this game and let him do the responding. This is a war we can win with international support. Right now he is on and island by himself. Let’s sink it…..

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s