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The National Journal's Ronald Brownstein writes that unless inflated fears about Mexico are dispelled, "the United States will fail to seize the opportunities for economic integration" that President Barack Obama, President Enrique Peña Nieto and Canadian Prime Minister discussed in Toluca on Wednesday.
Brownstein said these exaggerated fears include ones coming from liberals about trade with Mexico and ones from conservatives about border security. Brownstein that although the U.S. is running a large trade deficit with Mexico, goods imported from Mexico have 40 cents of U.S. inputs, as opposed to 4 cents in goods imported from China. And he pointed out that it now appears that more unauthorized Mexicans may be leaving the U.S. than entering it.
Brownstein said immigration reform could "establish predictable labor flows"and completing the Asia-Pacific trade agreement could further open markets.
Brownstein's column: "Why What's Good for Mexico Is Good for Us: There's an opportunity for more productive discussions with our neighbor to the south. We shouldn't squander it."
Spring 2013: Mexico analyst Shannon O'Neil discusses the U.S. inputs into goods and other issues in appearance at Institute of the Americas.