Mexico and the new Trump administration, perspectives and challenges

Por

María Merced

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Publicado: 11/11/2024 · 11:18 a.m. MX | Actualizado: 11/11/2024 · 11:18 a.m. MX

After the victory of Republican candidate Donald Trump in the United States presidential elections, a new chapter opened in trade and political relations between that country and Mexico—new opportunities and challenges in a complex relationship, but with broad prospects for development.

As our president, Claudia Sheinbaum, stated after the Republican’s victory and return to the White House was announced, there is no reason for concern; she stressed her confidence that both countries will maintain a relationship based on mutual respect.

“I am certain that we will continue to work together in a coordinated manner, with dialogue and respect for our sovereignties, to advance the broad bilateral agenda that links us,” the president said in a message posted on her social networks.

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The relationship between Mexico and the United States is fundamental, especially since Mexico is the United States’ first commercial partner. With the return of Donald Trump to the Presidency, both countries face a unique opportunity to strengthen and redefine their commercial relationship, especially in areas where economic interests and objectives can be aligned for mutual benefit.

1. Promoting cooperation in supply chains. In a global context of supply chain reconfiguration, Mexico and the United States can collaborate to strengthen the integration of their industries, especially in key sectors such as the automotive, advanced manufacturing, and technology industries. Creating more resilient supply chains closer to both countries would reduce dependence on distant markets and strengthen the competitiveness of the North American region in the global market.

2. Promoting fair trade. To improve their relationship, both governments must address problems such as smuggling, piracy, and dumping (the practice of selling products at prices lower than the cost in the local market). Through dialogue and strengthening customs inspection and control mechanisms, trade frictions could be minimized, and bilateral trade could be ensured to be beneficial and balanced.

3. Investments in border infrastructure. One of the significant challenges in the bilateral relationship is congestion at the border, which affects both people and the transport of goods. A U.S. government that is favorable to improving infrastructure at the shared border, including more advanced control technology and modernization of ports of entry, would help speed up trade and reduce costs, benefiting both sides.

4. Taking advantage of the USMCA. Mexico and the United States should fully utilize the USMCA to promote fair trade and labor practices and respect agreed-upon environmental and labor regulations.

Improving trade relations under the new governments of Sheinbaum and Trump implies strengthening areas of opportunity that benefit both economies. With political will and a cooperative approach, Mexico and the United States can build a stronger, more resilient, and prosperous trade relationship for the benefit of their citizens.

BY MARÍA MERCED GONZÁLEZ GONZÁLEZ

MORENA SENATOR FOR HIDALGO

@MARIAMERCEDG

Content originally published in spanish in El Heraldo de México.

María Merced