Mexico & Trump - a key call in emerging markets
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Mexico’s President Enrique Pena Nieto has scrapped plans to meet with President Trump. Pena Nieto tweeted on Thursday that his administration has informed the White House he would not be attending a work meeting scheduled for next Tuesday with Trump.
President Trump is a busy man. While vulturous media opportunists on the left spew outrageous propaganda at America's hoard of primal screaming "never-wrongs" who can't even fathom why they lost the election, Trump has moved with lightning speed to shock n' awe the world with massive progress on a ton of campaign promises.
Mexican President Enrique Peña Nieto reiterated Wednesday in a pre-taped address that his country "will not pay for any wall," but expressed willingness to work with the Trump administration.
Peña Nieto also said he had ordered government agencies to step up protection for immigrants, demanding respect as an autonomous nation, while admitting Mexico is negotiating new trade rules with US.
As reported yesterday, Mexico is not at all looking forward to starting the process of renegotiating NAFTA with Donald Trump, explicitly warning the US that "there are very clear red lines that must be drawn from the start." What these lines are will be explained by Economy Minister Ildefonso Guajardo and Foreign Affairs Secretary Luis Videgaray who are both meeting with US officials in Washington on Wednesday and Thursday, setting the stage with next week's visit from Mexico President Enrique Pena Nieto.