Red Ice News

The Future is the Past

Mexico considers Bill to revoke treaties if Trump wins election
New to Red Ice? Start Here!

Mexico considers Bill to revoke treaties if Trump wins election

Source: irishtimes.com

So you want to play hardball, Mr Trump? Mexico is to consider revoking a series of treaties – including the 1848 agreement that transferred half its territory to the United States – if the Republican candidate wins the presidency and rips up the North American Free Trade Agreement, according to a Bill to be presented to Congress.

The initiative, to be proposed on Tuesday by Armando Ríos Piter, a left-wing senator, follows last week’s much-criticised meeting between Mexican president Enrique Peña Nieto and US presidential contender Donald Trump, which inflamed public opinion and sparked a cabinet rift.

Mr Peña Nieto has faced a fierce backlash at home over what many saw as his red carpet treatment of Mr Trump, who has branded Mexicans rapists and wants to build a border wall that he insists Mexico will pay for.

“This is the first step towards establishing a public policy about how Mexico should react in the face of a threat,” Mr Ríos Piter told the Financial Times.

“This [Bill] is simply to protect a successful 22-year-old relationship [Nafta] that has helped both nations,” he said. “We want to defend that from a position that seeks to destroy it. We have to put it in black and white.”

The initiative would make it illegal for Mexico to use official cash to fund the building of a border wall. If Mr Trump attempted to seize the $24 billion (€21.5 billion) in annual remittances from the US to Mexico to pay for it, the Bill would empower Mexico to retaliate in kind by impounding the same sum, probably through a tax on remittances heading in the other direction.

Furthermore, if Mr Trump made good on threats to scrap the 1994 Nafta free-trade deal – credited with creating one in three jobs in Mexico – it would call for a review all 75 bilateral treaties between the two countries to establish if they were in the national interests.

Comments

We're Hiring

We are looking for a professional video editor, animator and graphics expert that can join us full time to work on our video productions.

Apply

Help Out

Sign up for a membership to support Red Ice. If you want to help advance our efforts further, please:

Donate

Tips

Send us a news tip or a
Guest suggestion

Send Tip

Related News

Trump Signs $15 Billion Harvey Relief Bill, Raises Debt Ceiling
Trump Signs $15 Billion Harvey Relief Bill, Raises Debt Ceiling
Bill Allocates $1.6 Billion for Trump’s Border Wall
Bill Allocates $1.6 Billion for Trump’s Border Wall

Archives Pick

Red Ice T-Shirts

Red Ice Radio

3Fourteen

Meeting Nelson Mandela & Sweden's History With The ANC
Ingrid Carlqvist - Meeting Nelson Mandela & Sweden's History With The ANC
Is Israel Just Like Apartheid South Africa?
Arthur Kemp - Is Israel Just Like Apartheid South Africa?

TV

The Revolutionary Phenotype: AI To End Mankind?
Jean-Francois Gariépy - The Revolutionary Phenotype: AI To End Mankind?
Dalai Lama: Europe Is For Europeans, Refugees Go Home and Rebuild
Dalai Lama: Europe Is For Europeans, Refugees Go Home and Rebuild

RSSYoutubeGoogle+iTunesSoundCloudStitcherTuneIn

Design by Henrik Palmgren © Red Ice Privacy Policy