Feb 17 • 07:07 UTC 🇲🇽 Mexico El Financiero (ES)

Mexico's Commercial Chess

The article discusses Mexico's strategic approach to international trade negotiations, emphasizing the importance of having a multifaceted strategy rather than relying solely on the benefits of existing treaties.

The article discusses the complexity of trade negotiations, likening them to a game of chess where strategy is paramount. It highlights how the Trump administration's approach to the US-Mexico-Canada Agreement (USMCA) was influenced by political leverage through tariffs, indicating that Mexico needs to adopt a strategic stance in trade discussions. Recently, there have been developments such as a significant Canadian trade mission visiting Mexico and a formal rapprochement between the European Union and members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which could offer Mexico opportunities to negotiate beneficial outcomes.

Moreover, the piece emphasizes that Mexico is not aiming to detach from the United States but rather to strengthen its negotiating position when interfacing with Washington. With the shifting dynamics in trade relationships, it is essential for Mexico to remain adaptable and strategic, ensuring it can capitalize on its position in the international trade landscape. The article suggests a cautious optimism about the potential outcomes of these new developments, as they may enhance Mexico's leverage in future negotiations.

In conclusion, Mexico's trade strategy must evolve to include partnerships and alliances beyond its traditional reliance on the U.S., allowing it to navigate the complexities of global trade more effectively. The significance of recent trade missions and international agreements cannot be understated, as they provide vital openings for Mexico to rethink its approach and engage with new partners while maintaining a healthy relationship with its northern neighbor.

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