Mar 03, 2017 10:25 AM EST
Mexico economy minister Ildefonso Guajardo will meet with automaker executives Ford Motor Co. and General Motors Co. in Detroit after President Donald Trump vowed to exit NAFTA and impose tariffs. Guajardo will also meet with auto part makers operating in Detroit and Mexico.
Since the campaign period, Trump had been vocal with his plans of building a wall on the US southern border and tax goods from Mexico heading north if he wins the presidential seat. Unfortunately for Mexico, Trump is the most powerful president of the world today and it is fighting ways to prohibit the implementation of his promises. Mexico is, in fact, familiar with Trump's unpredictability and is not counting talks with the White House to save it from a possible trade war.
Instead, the southern half of North America aims to build support from companies and US states that rely on businesses in Mexico. This strategy will pressure the US president not to employ drastic measures. Foreign Minister Luis Videgaray said Mexico would only stay in NAFTA if it benefits the nation. The North American Free Trade Agreement, in short NAFTA, is a 1994 three-country trade accord between Canada, Mexico and the United States.
The goal of the agreement is to eliminate barriers to trade and investment among the three nations and, so far, the NAFTA has been a large net positive for Mexico. Videgaray also rejected the imposition of any tariffs or quotas. "Thanks to NAFTA, Mexico and Michigan have built a dynamic trade relationship," the ministry said in a news release statement. Notably, Mexico was Michigan's second biggest trade partner with more than US$12 billion in exports to the country last year.
Last week, the White House sent diplomat Rex Tillerson and Department of Homeland Security Secretary John Kelly to the south border to mend bad blood between the countries due to Trump's threats. Mexico discredited the effort when Trump described it as a military operation.
People who travel for business two weeks or more a month report more symptoms of anxiety and depression and are more likely to smoke, be sedentary and report trouble sleeping than those who travel one to six nights a month, according to a latest study conducted by researchers at Columbia University's Mailman School of Public Health and City University of New York.
President Trump said Friday he is declaring a national emergency on the southern border, tapping into executive powers in a bid to divert billions toward construction of a wall even as he plans to sign a funding package that includes just $1.4 billion for border security.
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Discovering that your new designer handbag or gold watch is a fake is costly and annoying, and counterfeit medical devices or drugs could have even more serious consequences. But seemingly as soon as manufacturers develop a new method to ensure product authenticity, counterfeiters find a way to outsmart it. Now, researchers have created an "unclonable" tag that can never be replicated, even by the manufacturer. They report their results in ACS Applied Materials & Interfaces.
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