“Mexico has not directly made payments on the wall, but the elimination of NAFTA is certainly an indirect payment.”
The gist of the NAFTA replacement (USMCA), is to take away business from China, and split it.
China has already payed the USA over $60 billion in new tariffs, and around $15 billion in total has been designated for the wall.
China got stuck with Mexico’s bill.
With USMCA ready to roll the maquilladoros should be expanding on the Mexican side, like Juarez. Are there rail lines coming across the border.
More work for CBP.
April 2, 2019, y Paul A. Eisenstein
President Donald Trump’s threat to close the Mexican border could have a potentially devastating effect on the U.S. economy — and there are few places where that would be felt more immediately than in the American auto industry.
“Security is more important than trade,” Trump said Tuesday afternoon when asked by reporters if he was concerned about the hit to the U.S. economy. Roughly 37 percent of the imported parts used on U.S.-made vehicles are imported from Mexico, including critical pieces like the wiring harnesses used on 70 percent of all vehicles assembled in the States.
This got Mexico’s attention, and the auto giants as well. Chrysler for one has moved smartly to ensure its parts would be available in the USA, and the Ram truck is made exclusively here.