Mexico could win a trade war with the United States but it is a war Mexico doesn’t want because it would take too heavy a toll, Mexican President Andres Manuel Lopez Obrador said on Monday.
Lopez Obrador spoke at an occasion with military officials in the Mexican capital where he sketched out plans to deploy members of a newly created National Guard to better enforce the border with Guatemala in a bid to make nice on a migration deal he made earlier this month with U.S. President Donald Trump.
Lopez Obrador said the deal was positive as it took away Trump’s threat of across-the-board tariffs on Mexican exports to the United States if Mexico’s government did not significantly reduce the flow of U .S .-bound asylum seekers.
But in a rare instance of chest-thumping for the Mexican president, who has consistently sought to lower tensions with Trump, Lopez Obrador insisted Mexico could come out in addition to such a trade conflict with its northern neighbor.
“We’re going to have good results and this moves us away from the threat of the start of a trade war that isn’t advisable because we could win it, but we don’t want the war,” Lopez Obrador said.
The migration deal Mexico struck on June 7 with the United States commits the Mexican government to include the numbers of mostly Central American migrants within forty-five days. If Trump achieves that Mexico’s efforts are inadequate, he has said he would consider reviving the tariff threat.