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

3/31/2017

....

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.”

Link to full story here.