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" Mexico is very well positioned in the IT sector, thanks to our closeness to North America and how things are being developed in Silicon Valley. "
Ildefonso Guajardo Villarreal
America
Mexico
Thanks
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" We believe more in bridges and making the border better. "
Ildefonso Guajardo Villarreal
Believe
Better
Border
" I'm sure the apple guys from Washington state or the corn guy from Iowa will not like tariffs on corn or apples. "
Ildefonso Guajardo Villarreal
Washington
Apple
Will
" Free trade and economic stability do not, by themselves, guarantee success. "
Ildefonso Guajardo Villarreal
Stability
Free
Success
" There is no one trade agreement in the world that has country-specific content. It doesn't exist. Content has to be measured regionally. "
Ildefonso Guajardo Villarreal
Exist
Content
Agreement
" If you throw obstacles at the relationship with Mexico, you would be shooting yourself in the foot. "
Ildefonso Guajardo Villarreal
Yourself
Relationship
Obstacles
" We must ensure that decisions we make today do not come back to haunt us tomorrow. "
Ildefonso Guajardo Villarreal
Tomorrow
Decisions
Back
" NAFTA, by itself, will not collapse. The possibility is that the United States leaves the treaty, but the treaty itself would keep regulating relations between Canada and Mexico. "
Ildefonso Guajardo Villarreal
Canada
Will
Leaves
" You cannot have an agreement... that gives a tailor's cut, a perfect handiwork, to a specific company. "
Ildefonso Guajardo Villarreal
Agreement
You
Tailor
" E-commerce, telecom - those things have to be captured by the new NAFTA. "
Ildefonso Guajardo Villarreal
E-Commerce
Things
Those
" The precondition to negotiating NAFTA is that we can't go back to the past. "
Ildefonso Guajardo Villarreal
NAFTA
Past
Negotiating
" Since we don't use any type of currency manipulation schemes - we have a floating exchange market - we are very glad to consider any type of process that would stabilize the Mexican peso. "
Ildefonso Guajardo Villarreal
Mexican
Process
Manipulation
" At the end of the day, we have obviously our own political realities that will not allow us to approve something that is not in the benefit of everybody. "
Ildefonso Guajardo Villarreal
Political
Own
End Of The Day
" You cannot set salaries by decree. At the end of the day, it doesn't work with the market. What you can make sure to do is to train workers in order to make them more efficient and demand higher salaries because of their qualifications. "
Ildefonso Guajardo Villarreal
Day
Work
End Of The Day
" There won't be a law with sanctions, but Mexicans and Mexican consumers will know how to value those companies that are loyal to our national identity and those that are not. "
Ildefonso Guajardo Villarreal
Value
Know
Mexican
" Since its enforcement, NAFTA has been more than a trade agreement. It has made us think of ourselves as a region. "
Ildefonso Guajardo Villarreal
Us
Trade
Been
" If there is any action that punishes imports to the North American market and encourages U.S. exports, you have to reflect it in a mirror action to counteract the change of incentives that this would make for activity and investment in Mexico. "
Ildefonso Guajardo Villarreal
Mirror
Action
American
" We are willing to consider any rebalancing as long as it's through trade expansion, not through trade restriction. As long as it's about how can we buy more from each other, we're willing to work that way. "
Ildefonso Guajardo Villarreal
Through
Way
Trade
" I'm not going to negotiate with Brazil for its pretty face. I'm going to negotiate with Brazil because they're going to open their car-manufacturing market. "
Ildefonso Guajardo Villarreal
Face
Pretty Face
Pretty
" NAFTA will continue to regulate the relationship between Mexico and Canada. "
Ildefonso Guajardo Villarreal
Will
Mexico
Canada
" We all know that China is not a free trader. That's the reality. "
Ildefonso Guajardo Villarreal
Know
China
Free
" Toyota has 10 plants in the United States... and employs more than 130,000 Americans. If I were Mr. Trump, I'd treat them with more respect. "
Ildefonso Guajardo Villarreal
More
Treat
United
" A scenario without NAFTA is something we have to think about. "
Ildefonso Guajardo Villarreal
NAFTA
Something
Without
" Let me first clarify that NAFTA is a trilateral agreement. The decision of walking away is not of Mexico or Canada. The decision of walking away is of the U.S. "
Ildefonso Guajardo Villarreal
Decision
Canada
Me
" We have to find common grounds. NAFTA is 22 years old. We need to modernize it. "
Ildefonso Guajardo Villarreal
Years
NAFTA
Need
" The list of traceability for some automotive components needs to be rethought for new technologies to send adequate signals about the strengthening of the value chains in North America. "
Ildefonso Guajardo Villarreal
Some
Send
New
" Opening the Pandora's box of tariffs will be an endless game, and it will be a lose-lose proposition. "
Ildefonso Guajardo Villarreal
Will
Opening
Game
" There is an old tool that has become very handy that is called strategic patience, which is do not overreact in the short-term. Take your time. See what is the underlying, real message. And then, once the reality is represented by actions, then decide how you are going to react to those actions. "
Ildefonso Guajardo Villarreal
Reality
You
Time
" If we have to talk to the devil to guarantee the safety and future of the Mexican people in the U.S., Mexico will talk to the devil. "
Ildefonso Guajardo Villarreal
Talk
Devil
People
" I do believe that as the country becomes more attractive in the manufacturing sector, salaries can improve, and opportunities can expand. "
Ildefonso Guajardo Villarreal
Believe
Opportunities
Improve
" The Pacific Alliance is an initiative to align our economies. "
Ildefonso Guajardo Villarreal
Our
Initiative
Alliance