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Thread: Mexico's bargaining chips with Trump? How about a corn boycott

  1. #11
    Veteran Member Spookycolt's Avatar
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    Who wrote this piece of garbage?

    annual corn imports to Mexico grew from roughly 3.1 million metric tons to nearly 14 million metric tons
    Tell me how you "import" something "to" somewhere?

    lol

  2. #12
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    Quote Originally Posted by Spookycolt View Post
    What part of this don't you understand?

    Since the passage of the North American Free Trade Agreement in 1994, it has also become a symbol of Mexico’s growing economic dependence on the United States.
    I guess Mexico has another source for corn, and American corn farmers will have to find another market.
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  3. #13
    Veteran Member cpicturetaker12's Avatar
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    Quote Originally Posted by labrea View Post
    Kate Linthicum

    First domesticated here 10,000 years ago, corn is not only a staple of the Mexican diet, but also a symbol of Mexico itself.

    Since the passage of the North American Free Trade Agreement in 1994, it has also become a symbol of Mexico’s growing economic dependence on the United States.

    Now, as President Trump threatens Mexico with drastic changes on trade, its leaders are wielding corn as a weapon. Mexico’s Senate is considering legislation calling for a boycott of U.S. corn, and the government has begun negotiating with Argentina and Brazil to import corn from those nations tax-free.

    The threat of a boycott is Mexico’s latest and perhaps cleverest attempt to fight back against Trump, whose threats to pull out of free trade agreements and slap a 20% import tax on Mexican products have shaken confidence in Mexico’s economy.

    Mexico's bargaining chips with Trump? How about a corn boycott - LA Times
    There goes Iowa!
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  4. #14
    Veteran Member Spookycolt's Avatar
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    Quote Originally Posted by labrea View Post
    I guess Mexico has another source for corn, and American corn farmers will have to find another market.
    Doesn't sound like a problem.

    Why China & India Could Push U.S. Corn Price Higher

    “Increased Chinese corn demand: Historically, global demand has grown at ~2% per year. However, there are two atypical potential events in China which could provide a significant influx of demand over the coming years.
    Why China & India Could Push U.S. Corn Price Higher - Emerging Markets Daily - Barrons.com

    Bye Bye Mexico, take your little boycott and get back behind your wall.

    We've moved on.

  5. #15
    Senior Member Dragonfly5's Avatar
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    Quote Originally Posted by Spookycolt View Post
    Doesn't sound like a problem.

    Why China & India Could Push U.S. Corn Price Higher



    Why China & India Could Push U.S. Corn Price Higher - Emerging Markets Daily - Barrons.com

    Bye Bye Mexico, take your little boycott and get back behind your wall.

    We've moved on.
    You assume the Trump tariff will only affect Mexico and not China or India. If Trump pisses these countries off like he has most of the world I guess we will only have Russia to sell to. Right comrade?

  6. #16
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    From
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    Quote Originally Posted by Spookycolt View Post
    What part of this don't you understand?

    Since the passage of the North American Free Trade Agreement in 1994, it has also become a symbol of Mexico’s growing economic dependence on the United States.
    I think what you're missing is that the US is also dependent, as in the two countries are interdependent.

    While trump has been making threats, Mexico has been looking at alternatives, and consequences - something I don't think trump has considered.

    "I can't imagine any modification [to NAFTA] that would be harmful to Mexico," Macario Schettino, an economist at the Monterrey Institute of Technology in Mexico City, told FP. "If they amplify the rules of origin, for example, Mexico will receive more investment."

    "In every chapter of the agreement in which we're at a disadvantage - such as energy and telecommunications - Mexico has already pushed ahead with reforms," Schettino said. "If the U.S. still insists on raising tariffs, Mexico would be better to abandon the agreement. However, I don't believe that is in the U.S. interest."

    The Mexican peso has rebounded to its strongest position in months amid increasingly conciliatory rhetoric from Washington and the defeat of Trump's health care agenda, which has weakened him more generally.

    Mexico can handle President Trump just fine - Chicago Tribune
    Thanks from Friday13

  7. #17
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    From
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    Quote Originally Posted by Spookycolt View Post
    Doesn't sound like a problem.

    Why China & India Could Push U.S. Corn Price Higher


    Why China & India Could Push U.S. Corn Price Higher - Emerging Marke
    ts Daily - Barrons.com


    Bye Bye Mexico, take your little boycott and get back behind your wall.

    We've moved on.
    I doubt China and India will push prices higher if suddenly the Mexican market for US corn is gone.

    Plus, Mexico still has the ability to grow its own corn. Before the US began to dump cheap, heavily subsidized corn on Mexico, they were not only meeting domestic demands, but were exporting corn as well.

    It may be Mexico that moves on.

  8. #18
    Veteran Member Spookycolt's Avatar
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    Quote Originally Posted by Dragonfly5 View Post
    You assume the Trump tariff will only affect Mexico and not China or India. If Trump pisses these countries off like he has most of the world I guess we will only have Russia to sell to. Right comrade?
    Fine, more popcorn for us.
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  9. #19
    Senior Member Dragonfly5's Avatar
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    Quote Originally Posted by Spookycolt View Post
    Fine, more popcorn for us.
    If our farmers cannot sell their products and prices go down it will devastate many family owned farms but hey, we get cheap popcorn so fuck the farmers, right? This is what Clinton meant when she said deplorable.
    Thanks from Panzareta

  10. #20
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    From
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    Quote Originally Posted by Spookycolt View Post
    Fine, more popcorn for us.
    You dont know much about corn.
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