The Tijuana Economic and Industrial Development (DEITAC) continues its efforts to inform the industrial sector and investors about the current situation in light of the threats posed by the Donald Trump administration. Therefore, it brought together experts for a panel discussion to analyze expectations.
As the review and possible renegotiation of the United States-Mexico-Canada Agreement (USMCA) approaches, uncertainty persists about how the three countries will carry out this key procedure for trade in North America.
With the goal of providing strategic information and tools so that companies and productive sectors in the Cali-Baja region can anticipate these changes, The Border Group and Tijuana EDC organized a specialized forum on foreign trade. With the panel "Trump and the Future of the USMCA," Dr. Juan Carlos Baker Pineda, an expert in international trade, regional economic integration, foreign relations, and international affairs, offered an analysis of the risks and challenges of negotiating the agreement in light of the threats posed by the current US administration. Baker Pineda, CEO of Ansley Consultores and former NAFTA negotiator, explained that Mexico's core business is exports, and therefore the impact of tariffs is not limited to a single region but affects the entire country, making it essential to find solutions to address these challenges. He also emphasized that the Mexican government has handled the situation prudently so far, but negotiations and open dialogue are expected to begin after April 2.