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" 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
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" 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
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" 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. "
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" NAFTA will continue to regulate the relationship between Mexico and Canada. "
Ildefonso Guajardo Villarreal
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Mexico
Canada
" 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. "
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" We believe more in bridges and making the border better. "
Ildefonso Guajardo Villarreal
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" 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
" A scenario without NAFTA is something we have to think about. "
Ildefonso Guajardo Villarreal
NAFTA
Something
Without
" 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
" 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
" We are fed up with complaints that Mexico is stealing jobs from U.S. manufacturing. We are part of the solution that has maintained competitiveness for the U.S. versus China. "
Ildefonso Guajardo Villarreal
Manufacturing
China
Solution
" Mexico's government has made a strong commitment to boosting the country's competitiveness in global trade, and the Ministry of Economy recognizes that trade facilitation is a key element in achieving this objective. "
Ildefonso Guajardo Villarreal
Strong
Key
Government
" 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 end-to-end value chain analysis proposed by the World Economic Forum has proved to be useful methodology, not only to identify trade barriers but also to highlight the importance of coordination among public-sector institutions. "
Ildefonso Guajardo Villarreal
Economic
Trade
World
" Free trade and economic stability do not, by themselves, guarantee success. "
Ildefonso Guajardo Villarreal
Stability
Free
Success
" We all know that China is not a free trader. That's the reality. "
Ildefonso Guajardo Villarreal
Know
China
Free
" 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
" The actions taken by the Cuban government with its new trade zone open up the potential of strategic investments from Mexico. Mexican companies are very excited. "
Ildefonso Guajardo Villarreal
Potential
Mexico
Government
" 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
" It makes no sense to introduce an agreement with border restrictions or tariffs. "
Ildefonso Guajardo Villarreal
Sense
Border
Agreement
" If you throw obstacles at the relationship with Mexico, you would be shooting yourself in the foot. "
Ildefonso Guajardo Villarreal
Yourself
Relationship
Obstacles
" One of the good things that's happening in manufacturing in Mexico is that the old maquiladora that was relegated to just assembling things has changed in different sectors. One of these sectors is the aerospace industry and in how we attract workers that have been in technical school. "
Ildefonso Guajardo Villarreal
Manufacturing
Good
Good Things
" I can't come back home with an agreement that will not be a win-win-win situation for the U.S., Canada, and Mexico. "
Ildefonso Guajardo Villarreal
Back
Canada
Situation
" 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
" 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
" 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
" 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
" We have to find common grounds. NAFTA is 22 years old. We need to modernize it. "
Ildefonso Guajardo Villarreal
Years
NAFTA
Need
" 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
" We have to start a process of looking at what's next after we complete the modernization effort. "
Ildefonso Guajardo Villarreal
Start
Next
Looking