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Pena Nieto seeks stronger U.S. ties with Mexico

Saturday, 21 January 2017

MEXICO CITY: Mexico’s president said on Friday he wanted to strengthen relations with his new U.S. counterpart Donald Trump, whose threats and barbs against the country raised fears of a major economic crisis, and battered its currency.

President Enrique Pena Nieto, pilloried at home for meeting Trump in August after the New York businessman called Mexican migrants rapists and murderers, said on Twitter he would defend the interests of Mexico and its people in a “respectful” dialogue.

“We will work to strengthen our relationship with shared responsibility,” said Pena Nieto, who likened Trump’s rise to the ascent of Adolf Hitler and Benito Mussolini after the American’s broadsides early in the election campaign.

Trump vowed to build a wall along the U.S. southern border to keep Mexicans out and threatened to tear up a joint trade deal if he cannot recast it in favor of the United States.

The White House website said on Friday that Trump was committed to renegotiating the North American Free Trade Agreement (NAFTA), which underpins Mexico’s economy, and would move to withdraw if no “fair deal” is forthcoming.

Mexico’s government said Pena Nieto will make a foreign policy address on Monday morning, a few days before a delegation of senior Mexican officials travel to Washington to discuss relations with top Trump advisers.

Trump’s inauguration was marked by subdued protests across Mexico. One political activist on Mexico City’s main thoroughfare held up a banner declaring “Racist, gringo Trump…son of Satan, you are a danger to the world.”

More than three-quarters of Mexicans hold a bad or very bad opinion of Trump, according to a poll of 600 people by polling firm Gabinete de Comunicacion Estrategica (GCE).

Trump has threatened to slap hefty tariffs on Mexican-made goods, sending the peso to a string of historic lows against the dollar. Concern about him is widespread.

Still, Mexico’s peso was the strongest-performing among the top 10 most-traded currencies after Trump’s inaugural address in Washington made no mention of the country. It was up more than 1.6 percent at 21.582 per dollar in the early afternoon.

Source by: Internet

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