Germany’s Merkel lends support to Mexico over NAFTA

6/10/2017 Reuters

Germany's Chancellor Angela Merkel makes a toast with Mexico's President Enrique Pena Nieto before dinner at National Palace in Mexico City
Germany’s Chancellor Angela Merkel makes a toast with Mexico’s President Enrique Pena Nieto before dinner at National Palace in Mexico City, Mexico June 9, 2017. REUTERS/Carlos Jasso

Germany’s Chancellor Angela Merkel on Friday backed Mexico to press for a successful renegotiation of the North American Free Trade Agreement with Donald Trump, thanking its government for keeping German interests in mind during the talks.

Germany and Mexico have pursued policies tailored toward exporting manufactured goods, and both ran trade surpluses of more than $60 billion with the United States last year.

Many of the biggest names in German manufacturing have factories in both Mexico and the United States, including carmakers such as Volkswagen, BMW and Daimler.

However, tension over trade has surfaced under U.S. President Trump and his “America First” policy.

Read more… 

Advertisements

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