Ambassador Juan Jose Gomez Camacho says the issue of stemming mass migration from Central America — which sparked Trump’s threat — is not just a “bilateral” matter as Canada’s foreign affairs minister Chrystia Freeland said last week.
Rather, he said, it is a dispute that has a “trilateral context” because of the three-way North American free trade pact, the hopes to ratify the modernized version of it, and the integration of the “value chains” in all three economies.
Migration is also a larger issue that will require long-term solutions, not just short-term remedies, said Gomez Camacho.
In that regard, he said Canada has a role to play.
Mexico has turned back tens of thousands of migrants at its borders who might otherwise have travelled onward into the U.S., he said.
Gomez Camacho declined to put a figure on what impact U.S. tariffs could have, but said it’s clear tariffs — set to begin Monday at 5 per cent on all Mexican products entering the U.S., and escalating each month until they reach 25 per cent — would be a “major hit” to the Mexican, but also the U.S. economy, and by implication the value chains that are integrated across the continent.