AP reported that according to a draft 11-page memo, the Trump administration is considering mobilizing as many as 100,000 National Guard troops to round up illegal immigrants. However, the White House quickly slammed the agency’s report is “false." In yet another leak-counterleak example of "spot the fake news" , moments after the AP report hit, the White House denied everything
Since November 8th, several public companies have unsuspectingly fallen into the cross hairs of Trump tweets sending their stocks gyrating violently while adding or erasing millions of dollars worth of market cap in a matter of seconds. Here is just a small sample:
Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or pay big border tax.
— Donald J. Trump (@realDonaldTrump) January 5, 2017
Following reports that US immigration officials had launched countrywide raids and arrested hundreds of illegal aliens across the nation as a result of Donald Trump's recent immigration executive order, this morning the President weighed in on Twitter, stating that "the crackdown on illegal criminals is merely the keeping of my campaign promise. Gang members, drug dealers & others are being removed!"
Last week brought fresh deterioration in diplomatic relations between the US and Mexico after Trump threatened to cancel a White House meeting with Mexican President Pena Nieto, saying if “Mexico is unwilling to pay for the badly needed wall, then it would be better to cancel the upcoming meeting”. And while Pena Nieto tried to save face by officially cancelling the meeting over twitter, Mexicans are growing increasingly frustrated with a candidate that they see as too soft in combatting an aggressive Trump Presidency.
While the biggest threat facing Mexico, and its unpopular president Enrique Pena Nieto, in the past month has been President Trump's insistence on building a "Massive Wall", which Mexico would pay for, as well as Trump's threats of renegotiating NAFTA, today we got a fresh reminder that America's neighbor to the south has another looming problem: a rapidly deteriorating economy coupled with surging inflation on the back of the recent 20% price hike for gasoline, which culminated in a record crash in Mexican consumer confidence.