Trump doesn't seem able to comprehend that his counterpart in Mexico is also skeptical of NAFTA. In Mexico AMLO has long criticized the “neoliberal” policies of the past three decades as killing rural Mexico’s agricultural economy. The influx of cheap, factory-farmed corn from the U.S. has made it impossible for small-plot farmers in rural Mexico to profitably produce their traditional maiz. Donald Trump does not seem to understand that NAFTA slashed tariffs on agricultural products and opened Mexico as a market for US producers. If AMLO decides to introduce tariffs on U.S. corn and create new supports for local farmers, he could end up beating Trump at his own game.

Source: Forbes June 04, 2019 12:22 UTC