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

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

    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

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    Southern Strategy Liberal OldGaffer's Avatar
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    Trump and the Republicans will fuck our economy to a standstill, just like they always do.
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    Mexico, which exported surplus corn as recently as the early 1980s, now buys a third of the corn it consumes from the United States. Last year, it purchased $2.5 billion worth of corn from Iowa, Nebraska and other states, making Mexico the largest corn export market for U.S. farmers.

    snip

    Whereas NAFTA has benefited many U.S. farmers, Mexico’s agricultural industry has not fared as well. Tomato and avocado farmers have benefited, but large swaths of the country that long relied on the cultivation of corn have been devastated by competition with U.S. farmers.

    Small family farms in particular simply could not compete with big U.S. farmers who enjoy hefty federal subsidies. In the 23 years since NAFTA took effect, annual corn imports to Mexico grew from roughly 3.1 million metric tons to nearly 14 million metric tons, according to the U.S. Department of Agriculture and the U.S. Grains Council.
    This has been significant in driving illegal immigration.
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    Southern Strategy Liberal OldGaffer's Avatar
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    Quote Originally Posted by labrea View Post
    This has been significant in driving illegal immigration.
    Absolutely, an unintended consequence of NAFTA. We all know this is not going to end well.
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    Mexico's bargining chip is that Trump would be working the deal.

    NAFTA is so far off the radar.

    Trump has government shut down at the end of April. 30 days.

    Trump then has HC and the tax cuts. Trump needs those cuts from HC to give in his tax breaks.

    Ryan says there is no Trump version or Senate version of tax cuts.

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    Galactic Ruler Spookycolt's Avatar
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    If Mexico is dependent on US corn then I think a boycott on it is going to hurt them more than us.

    Isn't that like rioters burning down their own neighborhood?

    Hmmmm, maybe not the brightest bunch down there.
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    No way will a Republican congress go along with Trump's 20% import tax on Mexican products.
    They're not stupid.

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    Veteran Member Dragonfly5's Avatar
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    Quote Originally Posted by Spookycolt View Post
    If Mexico is dependent on US corn then I think a boycott on it is going to hurt them more than us.

    Isn't that like rioters burning down their own neighborhood?

    Hmmmm, maybe not the brightest bunch down there.
    What part of Mexico buying corn from other countries do you not understand?

    From the posted article: "...the government has begun negotiating with Argentina and Brazil to import corn from those nations tax-free."
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    Quote Originally Posted by Spookycolt View Post
    If Mexico is dependent on US corn then I think a boycott on it is going to hurt them more than us.

    Isn't that like rioters burning down their own neighborhood?

    Hmmmm, maybe not the brightest bunch down there.
    No.

    Read the article.

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    Galactic Ruler Spookycolt's Avatar
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    Quote Originally Posted by Dragonfly5 View Post
    What part of Mexico buying corn from other countries do you not understand?

    From the posted article: "...the government has begun negotiating with Argentina and Brazil to import corn from those nations tax-free."
    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.

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