Mexico has announced a 50 percent trade tariff against China. This remedy is neither cosmetic nor only commercial. Instead, it marks an unprecedented change and gives President Trump’s first US policy a commercial and political victory.
America is not losing allies – it is renewing and reinforcing its political and economic coalitions in the world starting in the Western Hemisphere.
50 percent tariff Like China, the additional superpower is a bold step by Mexican President Claudia Shinbam. This attempts to shut down ranks in the alliance with the US against a general threat: China’s inappropriate and unbalanced trade policies.
Last year alone, China exported $ 129.7 billion In Mexico, while later only $ 9.9 billion was exported back. China is flooded with millions of subsidized, low quality products in Mexican and American markets, which has to shut down companies that pay taxes and play by rules.
Like America, Mexico wants to accelerate local industries and employment generation. These $ 129 billion going into China can be redirected to promote Mexican businesses, build jobs and increase production. Billions of dollars currently going to China can be used to buy products made in the US, build more jobs and strengthen the industry. Mexico wins, and America wins.
America First Policy means change of paradigm. For those who thought that doing business with China is the key to success, the status of Mexico confirmed that investing in a strong trade alliance with the United States is the right decision, commercial and politically. It is important to remember that Mexico is one 15 largest economies In the world and main American trading partner. Its strong position against Chinese misconduct has already had a profound effect, not only in Latin America but worldwide.
In response to the Mexico’s announcement, Beijing reacted with anger, not diplomacy. It removed its mask and released one Strong warningChina’s Commerce Department said, “China hopes that Mexico will take care and think twice before making any tariff adjustments.”
Mexico’s decision was commercial but also political, and it speaks of a new alliance with the US, it will also put tariffs on 1,400 products in India, Russia, Turkey and other countries. These tariffs try to protect the industry, increase consumption and preserve 325,000 jobs.
The American neighbor is reviewing and reviving its many relations and professional behavior with China for the new administration. earlier this year, BideThe world’s largest electric car company announced that it had canceled the construction of a multi-million dollar electric vehicle plant in Mexico. The project will have the capacity to produce 150,000 cars per year generating millions of dollars for Asian superpower. Now the project is over, and new opportunities are open to American investment.
America’s first policy goes above and beyond Mexican borders. In Ecuador mining Sector, China so far suffered another massive shock. The firm Terial Resources lost four projects. in Chile, Byd and tsingshan Canceled schemes for the construction of lithium processing plants. Lithium is essential for electric cars and is considered a strategic property for business and safety issues. In Panama, China’s belt and road initiative is dead. This is something that we have never seen before… till now. Panama Chinese is also replacing telecommunications technology for high technical equipment made in the US.
China still has a fatal impact in the region, transferring phentinene pioneers, looting money, and spying using technology. But changes are becoming faster than expected. China is not just losing money. No, it is holding a leg in the backyard of America.
It is a matter of security, investment, jobs, geopolitics and leadership. Today, America is back, and it sounds like good news.
Arturo McFields is a exile journalist who is Nicaraguan Ambassador in the organization of American states, and a former member of Norwegian Peace Corps. He is an alumnus of the Security and Defense Seminar and Harvard leadership course of the National Defense University.
