Now that Lighthizer is on board, he is expected to immediately turn his attention to discussions related to renegotiating the North American Free Trade Agreement with Canada and Mexico, as well as continue to work on trade differences with China.
In its latest report, the Korea International Trade Association said Mexico's exports to the USA will drop significantly if Washington exits NAFTA or comes up with a higher tariff policy.
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Mr Trump has repeatedly criticised the North American Free Trade Agreement as being bad for U.S. workers and has threatened to withdraw the United States from the deal with Mexico and Canada if it can not be changed. Currently, around 84 percent of Mexico's exports depend on NAFTA.
The dairy industry is eager to work with U.S. Trade Representative Robert Lighthizer to protect and expand market access for U.S. dairy while addressing problematic Canadian dairy policies, the U.S. Dairy Export Council (USDEC) and the National Milk Producers Federation (NMPF) said following Lighthizer's Senate confirmation. "Mexico is ready to enter into a serious negotiation".
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"The outcome of the renegotiation of NAFTA will have major impacts on the Mexican economy as well as South Korea's exports", an official from the association said. "As we urge prudence on any trade negotiations or renegotiations, Lighthizer's confirmation will allow the U.S.to engage on trade negations that will benefit all Americans though economic growth and job creation", said ASA President Ron Moore.
Mr Videgaray said Mexico wanted grow its ties with China, and said meetings with Chinese officials had been planned for this year. Not only must the United States resist using GIs at home, Lighthizer has said, it should discourage other countries from agreeing to use them, as well.
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