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Trump a ‘Horror Film’ for Mexico Economy

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The real reason Ford abandoned its plant in Mexico has little to do with Trump

The real reason Ford abandoned its plant in Mexico has little to do with Trump*/

– President-elect Donald Trump threatened to impose a “big border tax” on General Motors in a tweet on Jan. 3.(Reuters)Ford chief executive Mark Fields said Tuesday the automaker was ditching its plans to open a factory in Mexico and instead expanding a Michigan plant, creating 700 more local jobs.The next wave of workers in Flat Rock will build mostly self-driving and electric cars, including a hybrid Mustang.
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With Choice of Trade Negotiator, Trump Prepares to Confront Mexico and China

With Choice of Trade Negotiator, Trump Prepares to Confront Mexico and China*/

– But some Democrats are signaling a readiness to support Mr. Trump.Nine House Democrats held a news conference Tuesday with the A.F.L.-C.I.O.president, Richard Trumka, to urge renegotiation of the North American Free Trade Agreement with Mexico and Canada.
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Trump a ‘Horror Film’ for Mexico Economy

Trump a ‘Horror Film’ for Mexico Economy*/

– Bank of Mexico’s governor has warned that Donald Trump could be a “horror film” for the nation.Analysts say the country’s economy is in for a nightmare even if the incoming president doesn’t build that wall or ball up NAFTA.Surely, Trump’s ability to alter relations between the nations will play a major role in how Mexico’s economy performs in 2017, but the country had its work cut out for itself even before he prevailed, as problems from a weakening currency to faster inflation look certain to deliver a third straight year of slowing growth, Bloomberg reported.
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Luis Videgaray, Key to Donald Trump Visit, Named Mexico Foreign Minister

Luis Videgaray, Key to Donald Trump Visit, Named Mexico Foreign Minister*/

– MEXICO CITY—Mexican President Enrique Peña Nieto on Wednesday named a former official who has reaped praise from Donald Trump to be Mexico’s new foreign minister, as the country prepares for a complex new relationship with the U.S.Luis Videgaray, a former finance minister and close aide of Mr. Peña Nieto, played a key role in bringing about Mr. Trump’s trip to Mexico in late August.He resigned the following week amid the uproar…
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