Antonio Ortiz-Mena on concerns of protectionism in the NAFTA renegotiation
Mexico Welcomes Possible U.S. Shift on Nafta, but Mistrust of Trump Persists
By: Kirk Semple and Paulina Villegas
Antonio Ortiz-Mena, a senior adviser at Albright Stonebridge Group, an international consulting firm, and a former head of economic affairs at the Mexican Embassy in Washington, said he had concerns about several items in the letter, including a proposal for new tariffs if a surge of imports from one country threatens a domestic industry in another — which could be imposed if, say, one country’s goods flooded the other’s markets.
“It could lead to tit-for-tat protectionism,” Mr. Ortiz-Mena said. “That particular issue would keep me up at night.”
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