Hey Donald Trump: Making Mexico Go Broke Would Actually Be Mucho Dumb – Fortune
Its widely known that 19 th Century Mexican dictator Porfirio Diaz once said, Poor Mexico: So far from God; so close to the United States. Its less well-known that his predecessor, Sebastin Lerdo de Tejada, looked at the stretch of land between the two countries and said, Between the strong and the weak, the desert. There was little doubt who was who.
Starting with Franklin Roosevelt, U.S. presidents have worked to heal those historical grievances and build a closer, more mature partnership. But now, President Donald Trump's talk of sending in troops to deal with "bad hombres;" building a wall between our countries; imposing a 20% border tax, and re-negotiating the North American Free Trade Agreement in a way that helps the U.S. while hurting Mexico threaten to return us to the bad old days. This stance won't just hurt America economically. If we humiliate Mexico, a proud and important country, we will undo years of progress; stoke anti-American sentiment; and possibly turn a friend into an enemy making both countries less secure.
I say this as an American citizen who has seen the relationship from both sides of the border. As an impulsive young college student on the G.I. Bill in the early 1950s, I was inspired by the movie The Treasure of the Sierra Madre to move to Mexico in search of gold. Mexicans joked that I was the only American who'd ever swam the wrong way across the Rio Grande.
I never did find gold but I did find manganese. It helped me build a global mining business. My customers included the U.S. government, which needed our manganese for its strategic stockpile. For decades, I lived and worked among some of the most famous artists and intellectuals in Mexico, along with old miners, prospectors, and working-class Mexicans of all backgrounds. What I found were people willing to work hard to create a stronger and more prosperous future for their country.
After signing NAFTA in 1993, America's partnership with Mexico our third-largest trading partner helped build a nation where its citizens don't have to go north to have a future. Contrary to Trumps alternative facts, illegal immigration from Mexico has been falling since 2009, as a Washington Post article recently reported. Mexico and the U.S. have worked to share intelligence and fight drug trafficking and transnational crime. The U.S. has also relied on Mexico to stop between 200,000 and 300,000 undocumented immigrants from entering Central and South America before they ever reach the U.S. border.
By putting Mexico in the crosshairs, Trump threatens to halt all of that progress. One idea that Trump is considering is a 20% border tariff against imports from Mexico to pay for a southern wall. As many wonder how the tariff could get passed along to U.S. consumers in the form of more expensive items in the grocery store and at Wal-Mart , U.S. Sen. Lindsey Graham may have captured the sentiment best in a recent tweet . "Simply put, any policy proposal which drives up costs of Corona, tequila, or margaritas is a big-time bad idea. Mucho sad."
But there's far more at stake in our relationship with Mexico. Having a prosperous, peaceful, and friendly neighbor along our 1,900-mile southern border is vital to Americas national security. What difference does it make when a neighbor is hostile and unstable? Just ask South Korea.
The stronger Mexico is economically, the less incentive there is for residents to cross the border, and the more resources Mexico has to invest in security, development, and institutions all of which benefit the U.S. The answer to making America great again is not to make Mexico more poor. President Trump's position has already driven the peso to a record low against the U.S. dollar. More isolation could tank Mexico's economy ironically, creating precisely the conditions that could drive undocumented immigration through the roof.
In just about two weeks as president, Trump has managed to bring old resentments back. His threat to send the U.S. army to Mexico reminded me of an experience I had in the central Mexican village of Charcas in the mid-1960s. With my business more established, I had helped build a school there and visited a classroom one day, when I saw a map of North America in which the U.S. looked much smaller. Meanwhile, Mexico stretched over the entire American West. As I gazed in wonder, a little girl looked up and asked: "Seor Weiss, why did you steal half our country?"
She was talking about the half Mexico had lost in the Treaty of Guadalupe Hidalgo that had ended the Mexican-American War in 1848, which the map represented. That legacy is a big part of why Mexico has often had a difficult relationship to say the least with its powerful neighbor.
Former Mexican President Vicente Fox says Trump represents the return to that time of "the ugly American" and the "hated gringo." Mexican President Enrique Pena Nieto, who has instituted difficult but crucial reforms supported by the U.S., has seen his approval ratings essentially tank after meeting with Trump. Meanwhile, populist and extreme left-winger Andres Manuel Lopez Obrador, who has been called Mexico's Trump, is gaining ground for the 2018 presidential elections.
What can we do? I agree with The Economist's recent suggestion on how to handle a bully. Mexico should highlight its many positive contributions; try to influence Trump to re-negotiate rather than scrap NAFTA, and strengthen Mexico's domestic economy.
Mexico should also open regular channels with some of the Trump Administration's more practical officials like newly appointed U.S. Secretary of State Rex Tillerson and U.S. Secretary of Defense James Mattis. In Mexico, U.S. Ambassador Roberta Jacobson a career diplomat should focus on public outreach to show that our president's disrespect does not represent the American people.
And for the rest of us in the U.S., we should all watch a 2004 film directed by Sergio Arau called " A Day Without a Mexican." It imagined what would happen in California if Mexicans suddenly disappeared from every job. The result was chaos. The film's message? We should appreciate what we have before it's gone.
To do otherwise wouldn't just be mucho sad but mucho dumb.
Stanley A. Weiss is a global mining executive and founder of Washington-based Business Executives for National Security. His memoir, "Being Dead is Bad for Business, will be published by Disruption Books on February 28, 2017.
See more here:
Hey Donald Trump: Making Mexico Go Broke Would Actually Be Mucho Dumb - Fortune
- Donald Trump is throttling Americas oil industry - The Economist - May 11th, 2025 [May 11th, 2025]
- Donald Trump prizes more Gulf investment in the US - BBC - May 11th, 2025 [May 11th, 2025]
- Donald Trump Vows to Reduce Prescription Drug Costs by Up to 80 Percent - Newsweek - May 11th, 2025 [May 11th, 2025]
- What is habeas corpus and why might Donald Trump want to suspend it? - BBC - May 11th, 2025 [May 11th, 2025]
- Donald Trump calls for 20,000 new officers to aid with deportations - BBC - May 11th, 2025 [May 11th, 2025]
- Donald Trump is a bigger threat to UK than terrorists, poll says - politico.eu - May 8th, 2025 [May 8th, 2025]
- Donald Trump to announce 'major trade deal' with a big and highly respected nation - Times of India - May 8th, 2025 [May 8th, 2025]
- Donald Trump picks the wrong trade fight with China - The Economist - April 30th, 2025 [April 30th, 2025]
- Donald Trump says he will be talking to Australias prime minister about tariffs - The Guardian - April 30th, 2025 [April 30th, 2025]
- Donald Trump Names His Dream Successor for Pope Francis Ahead of the Papal Conclave - People.com - April 30th, 2025 [April 30th, 2025]
- Giants say they had no conversations with Donald Trump about Saquon Barkley - NBC Sports - April 30th, 2025 [April 30th, 2025]
- Donald Trump is proving disastrous for big tech - The Economist - April 30th, 2025 [April 30th, 2025]
- Opinion | Donald Trump Is Selling the White House to the Highest Bidder - The New York Times - April 27th, 2025 [April 27th, 2025]
- 'Kicking butt' or 'going too fast'? Donald Trump voters reflect on 100 days - BBC - April 27th, 2025 [April 27th, 2025]
- Donald Trump's approval rating takes a hit as he reaches 100 days: New polls - USA Today - April 27th, 2025 [April 27th, 2025]
- Experts On Russia Say Donald Trump Is Wrong About The War In Ukraine - Forbes - April 27th, 2025 [April 27th, 2025]
- Donald Trump went after one of America's top law firms. Its decision to fight back took just two hours. - Business Insider - April 27th, 2025 [April 27th, 2025]
- Sweeping change. Donald Trump voters reflect on controversial first 100 days of second term. - Chicago Tribune - April 27th, 2025 [April 27th, 2025]
- Donald Trump wants celebrities to kiss the ring. Bill Maher did: wholl be next? | Emma Brockes - The Guardian - April 25th, 2025 [April 25th, 2025]
- Donald Trump's trip to Pope Francis' funeral puts a sharper focus on their clashes over the years - AP News - April 25th, 2025 [April 25th, 2025]
- Donald Trump Is Tanking One of Americas Greatest Exports in the Middle of a Trade War - Slate - April 25th, 2025 [April 25th, 2025]
- 'Reality bites Donald Trump in the you know where': China contradicts the White House over tariffs - MSNBC News - April 25th, 2025 [April 25th, 2025]
- Donald Trump's "Objectively Embarrassing And Hilarious" Message To Vladimir Putin Is Now A Meme - Yahoo - April 25th, 2025 [April 25th, 2025]
- The Nobel is just the start: 16 imagined victories for Donald Trump | Ariel Dorfman - The Guardian - April 21st, 2025 [April 21st, 2025]
- Is Donald Trump Breaking the Law? Seven Experts Weigh In. - The Free Press - April 21st, 2025 [April 21st, 2025]
- JD Vance: Donald Trump's Global 'Bad Cop' In His First 100 Days In Office - NDTV - April 21st, 2025 [April 21st, 2025]
- What is the Insurrection Act? What To Know as Donald Trump Deadline Hits - Newsweek - April 21st, 2025 [April 21st, 2025]
- Vince Vaughn Visits Donald Trump and The White House Shares Wedding Crashers Parody Poster - Variety - April 21st, 2025 [April 21st, 2025]
- President Donald Trump Is Saving Social Security Hundreds of Millions of Dollars per Year. But Is It Enough to Prevent Benefit Cuts? - Yahoo Finance - April 21st, 2025 [April 21st, 2025]
- We knew Donald Trump is bad at business. Now the world does, too. | Sheneman cartoon - NJ.com - April 14th, 2025 [April 14th, 2025]
- Donald Trump is now badly wounded. Europe and the UK can seize an advantage - The Guardian - April 12th, 2025 [April 12th, 2025]
- Bill Maher Says Donald Trump Was Gracious and Willing to Listen During White House Visit - hollywoodreporter.com - April 12th, 2025 [April 12th, 2025]
- Bill Maher Recounts Surprising Meeting With Gracious and Measured Donald Trump - TV Insider - April 12th, 2025 [April 12th, 2025]
- Bill Maher's full monologue on his Donald Trump meeting: Read the transcript - USA Today - April 12th, 2025 [April 12th, 2025]
- Donald Trump's tariffs on China, EU and more, at a glance - BBC - April 12th, 2025 [April 12th, 2025]
- Donald Trump Says 'Market Is Going To Boom,' Claiming '$6-7 Trillion' Worth Of Inflows Will Come After The Worst Selloff Since 2020 - Yahoo Finance - April 5th, 2025 [April 5th, 2025]
- Live updates: 'Hands Off!' protesters rally against Donald Trump, Elon Musk - The Hill - April 5th, 2025 [April 5th, 2025]
- Donald Trump's Tariff Formula 'Based on an Error'Conservative Think Tank - Newsweek - April 5th, 2025 [April 5th, 2025]
- The ridiculous real story behind the tariff plan that turned Donald Trump into a global disaster - MSNBC News - April 5th, 2025 [April 5th, 2025]
- "Hang Tough, It Won't Be Easy": Donald Trump To Americans Amid Tariff War - NDTV - April 5th, 2025 [April 5th, 2025]
- This Economic Paradox Nearly Took Down Three Presidents. Is Donald Trump Next? - Politico - April 5th, 2025 [April 5th, 2025]
- Donald Trump says he is very angry with Vladimir Putin over Ukraine - The Guardian US - March 30th, 2025 [March 30th, 2025]
- Donald Trump: Is Irish America moving towards the Republican Party? - BBC.com - March 30th, 2025 [March 30th, 2025]
- Globalisation will triumph over Donald Trump - Financial Times - March 30th, 2025 [March 30th, 2025]
- Donald Trump's Approval Rating Over Economy Plunges to New Low - Newsweek - March 28th, 2025 [March 28th, 2025]
- Called a 'scab' during the campaign, Donald Trump wins UAW backing on tariffs - Detroit Free Press - March 28th, 2025 [March 28th, 2025]
- Donald Trump is moving fast and breaking things, but that may result in a better US | Simon Jenkins - The Guardian - March 28th, 2025 [March 28th, 2025]
- Donald Trump Has Invented Something New and Chilling - Yahoo - March 28th, 2025 [March 28th, 2025]
- Column: Thank you, Donald Trump, for giving me my dad back - - The Daily Tar Heel - March 26th, 2025 [March 26th, 2025]
- Donald Trump's Approval Rating Is Negative With Nearly Every Pollster - Newsweek - March 26th, 2025 [March 26th, 2025]
- Andrii Smytsniuk | Condolences to Kyiv: Ukraine, King Solomon, and Donald Trump - The Daily Pennsylvanian - March 26th, 2025 [March 26th, 2025]
- Whoopi Goldberg has chilling warning about Donald Trump on The View - PennLive - March 26th, 2025 [March 26th, 2025]
- Donald Trump threatens US tariffs on countries buying Venezuelan oil - BBC.com - March 25th, 2025 [March 25th, 2025]
- Donald Trump Calls George Clooney a Second Rate Movie Star After Clooney Calls Out the Government for Trying to Make Journalists Smaller: They Dont... - March 25th, 2025 [March 25th, 2025]
- People Can't Help But Giggle Over This Portrait Of Donald Trump That He Desperately Wants Removed From The Colorado State Capitol - Yahoo... - March 25th, 2025 [March 25th, 2025]
- Donald Trump will soon mark 100 days in power - where does his opposition stand? - Sky News - March 22nd, 2025 [March 22nd, 2025]
- Putin said he prayed for his friend Donald Trump after 2024 assassination attempt, U.S. envoy says - NBC News - March 22nd, 2025 [March 22nd, 2025]
- Donald Trump and John Roberts: A president, a chief justice and a judiciary under pressure - Reuters - March 22nd, 2025 [March 22nd, 2025]
- Prediction: President Donald Trump Is Going to Break His Social Security Promise, and These 16 Words Prove It - The Motley Fool - March 22nd, 2025 [March 22nd, 2025]
- Full List of Names Donald Trump Has Stripped of Security Clearance - Newsweek - March 22nd, 2025 [March 22nd, 2025]
- Social Security: What Donald Trump And Elon Musk Are Doing About Entitlement Program - Forbes - March 13th, 2025 [March 13th, 2025]
- Why John Mearsheimer Thinks Donald Trump Is Right on Ukraine - The New Yorker - March 13th, 2025 [March 13th, 2025]
- What the U.S. ceasefire proposal means for Ukraine, Russia, Europe and Donald Trump - The Conversation Indonesia - March 13th, 2025 [March 13th, 2025]
- Well, It Looks Like We Know What Donald Trump Will Do About Daylight Saving Time Now - Yahoo - March 7th, 2025 [March 7th, 2025]
- Jimmy Carter Reminds Us of Political Integrity; Donald Trump and Corporate America Remain Committed to Darkness - Progressive.org - March 7th, 2025 [March 7th, 2025]
- Donald Trump Supporters Are Waking Up To The Reality Of Their Ballot Choices, And The Stories Are A Loooooot - Yahoo - February 20th, 2025 [February 20th, 2025]
- It took Donald Trump less than a decade to turn the US toward Putins Russia - CNN - February 20th, 2025 [February 20th, 2025]
- Are We Still Friends?: How Donald Trump Is Unraveling the Western Alliance - Vanity Fair - February 20th, 2025 [February 20th, 2025]
- Prediction: President Donald Trump Will Break His Social Security Promise and Propose Cuts -- Just Not in the Way You Might Think - The Motley Fool - February 16th, 2025 [February 16th, 2025]
- It Pays to Be a Friend of Donald Trump - The FP - February 16th, 2025 [February 16th, 2025]
- Donald Trump's 'Drastic' Funding Cuts Face Republican Opposition - Newsweek - February 16th, 2025 [February 16th, 2025]
- President Donald Trump Hangs His Framed Mugshot Outside the Oval Office - E! Online - E! NEWS - February 16th, 2025 [February 16th, 2025]
- Donald Trump wants states and cities to do as they are told - The Economist - February 16th, 2025 [February 16th, 2025]
- Donald Trump Wants Reciprocity in Trade: Heres a Closer Look - Council on Foreign Relations - February 16th, 2025 [February 16th, 2025]
- Interview with President Donald Trump airing ahead of Super Bowl 59: How to watch - USA TODAY - February 9th, 2025 [February 9th, 2025]
- Donald Trump set to make history at the Super Bowl. Heres why hell hate kick-off. - MLive.com - February 9th, 2025 [February 9th, 2025]
- Donald Trump golfs with Tiger Woods ahead of expected Super Bowl LIX visit - New York Post - February 9th, 2025 [February 9th, 2025]
- The Observer view: Vengeful and reckless, Donald Trump must not go unchallenged | Observer editorial - The Guardian - February 9th, 2025 [February 9th, 2025]
- Donald Trump will be at Super Bowl LIX, and he is not happy with the rules - PennLive - February 9th, 2025 [February 9th, 2025]
- Why Chip Roy is one of Donald Trump's biggest threats - POLITICO - January 24th, 2025 [January 24th, 2025]