G.M. Job Shift From Mexico Tests a Trump Premise

09/20/16 The New York Times

5469513101_b0b7e8478b_o.pngIn the realm of international trade, it is a truism seemingly as consistent as gravity: Jobs and investment flow from north to south, while manufactured goods travel the other way around. Factories in the United States and Canada shutter as work shifts to Mexico and Central America, where human hands do it more cheaply.

So the established order of trade was by all appearances turned upside down on Tuesday, as General Motors agreed to cease manufacturing an automobile engine at a factory in Mexico while moving jobs to a plant in Canada.

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State’s exports to Mexico, China moving toward banner year

09/12/16 Alburquerque Journal

ALBUQUERQUE, N.M. — New Mexico is headed toward another banner year in trade with its southern neighbor.

Exports to Mexico grew 17.4 percent in the first half of 2016, from $758 million from January-June of last year to $890 million this year, according to the latest statistics from the U.S. Commerce Department.

It’s a trend that’s been holding steady for the last six years, pushing sales to Mexico to an all-time high of $1.68 billion in 2015. Given the continued growth, New Mexico appears headed for a new record this year, said Jerry Pacheco, executive director of the International Business Accelerator at Santa Teresa in southern New Mexico.

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Wynne heads to Mexico to promote trade and cap-and-trade

08/28/2016 The Star

canadaWith all the Trump-fuelled talk of trade protectionism in the U.S. presidential election, Premier Kathleen Wynne is headed to Mexico to remind officials there that Ontario is wide open for business.

Wynne flies to Mexico City on Monday for meetings with Mexican political leaders, manufacturers, exporters, and potential investors.

“Mexico is our fourth-largest trading partner — $27 billion goes back and forth (annually) so it’s really important that we have that relationship,” the premier told the Star.

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Mexican consul: NC’s relationship with Mexico an important one

08/10/2016 The Daily Reflector

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Photo Credit: San Diego Magazine

The new Mexican consul general for the Carolinas said many people don’t understand the contributions that Mexicans make to the economy of North Carolina.

“Many people don’t know that Mexico is the second biggest export market,” said Remedios Gomez Arnau. “Many people don’t know that there are five big Mexican companies in North Carolina creating jobs.

“Many people don’t know that there are 200,000 jobs in North Carolina depending on the trade with Mexico,” Arnau said. “Many people don’t know that the migrant workers of Mexico that are working here, if they were expelled from North Carolina, it would cost a lot of money to the economy of North Carolina and that many jobs would be lost also.”

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U.S., Mexican diplomats emphasize trade ties

08/05/2016 Albuquerque Journal

us mex flagEL PASO – In a joint public address, top U.S. and Mexican diplomats called for greater cooperation during a U.S. political season in which rhetoric around border security and cross-border trade has often been active.

U.S. Ambassador to Mexico Roberta Jacobson and Carlos Sada, Mexico’s ambassador to the U.S. – each sworn in to their posts in May – spoke about the importance of the two nations’ trade relationship.

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Mexico may offer fix for some U.S. exporters in Trump bind

08/02/16 Reuters 

us mex flagFor Allied Tool & Die Company, Donald Trump’s threats to tear up trade deals and impose steep tariffs if he becomes the next U.S. president means considering doubling down on Mexico as a base to manufacture for foreign markets.

The Phoenix-based aerospace supplier, and a small but rising number of U.S. companies with plants in Mexican industrial hubs like the border city of Mexicali, say they may have to increase their capacity in the country’s lower cost base to sell goods abroad if the Republican nominee wins the White House.

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07/21/2016 The New Yorker

cactusSome people knew him as William Ellis, and others as Guillermo Eliseo. He could be Mexican, Cuban, or even Hawaiian, depending on whom you asked. Everyone seemed to agree that he was spectacularly wealthy and successful. In the dime-store Who’s Who books that were popular at the turn of the twentieth century, his name, in one form or another, appeared regularly. He was a “Banker, Broker, and Miner,” who came to New York from the “Mexican frontier,” an exemplar of the self-made man.

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