Mexicans come to grips with U.S. President Trump as peso falls and fears of wall grow

11/09/16 The Dallas Morning News

NOGALES, Mexico — For residents atop the hills of Sonora, the fence that separates the United States and Mexico became more real.

“Why lie? I’m a bit more anxious than yesterday,” said Reinaldo Olvera, 48, as he crossed back into the state of Sonora after visiting relatives in Arizona, a day after Tuesday’s historic U.S. presidential election. “I looked at that fence and imagined it taller, thicker and I just said a prayer: ‘God bless us.’ “

Probably no other country had more in stake in Tuesday’s presidential election than Mexico, with its 2,000-mile border with the U.S.

Mexicans on U.S. border fear economic catastrophe if Trump wins

11/7/16 Reuters

Border fenceMexicans on the U.S. border anxiously awaited the outcome of the U.S. presidential election on Tuesday, plagued by fears of economic disaster if Republican Donald Trump wins and tries to choke local industry, isolate the country and deport millions.

Trump’s campaign has been one of the most unpopular in living memory in Mexico, ranging from stinging verbal attacks on its migrants, threats against its trade agreements, to his repeated vows to seal off the country behind a huge border wall that he insists Mexico will pay for.

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How a One-Time Political Star in Mexico Ended Up Campaigning for Clinton

11/6/16 The New Yorker

marcelo_ebrard_casaubon
Marcelo Ebrard

Marcelo Ebrard was the mayor of Mexico City from 2006 to 2012, the time when that city gained a reputation as a dynamic, sophisticated world capital, even while the country’s image as a place of dark and ever deepening crisis, corruption, and violence steadily worsened. He implemented numerous urban quality-of-life initiatives—a wildly popular bike-sharing program, an expansion of the rights of sexual minorities, a reduction of crime, and an attack on the air-pollution problem (an initiative in which the Clinton Foundation was involved).
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Mexico’s Government Is Working on a Trump Contingency Plan

11/3/16 Bloomberg

carstensFinancial leaders in Mexico anticipating the prospect of volatility in their markets or a slump in trade following the result of the U.S. presidential election are weighing the idea of a wall of their own — call it a firewall.

Central Bank Governor Agustin Carstens, who has called Republican nominee Donald Trump a “hurricane” for Mexico’s economy, told Milenio TV that Mexico risks turbulence no matter who wins the vote on Nov. 8. The central bank is working on a contingency plan with Finance Minister Jose Antonio Meade, who told Televisa Wednesday there’s not much point in intervening in the peso for now.

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Mexico stealing factory jobs? Blame automation instead

11/2/16 CBS News

carmanufacturing.jpgWASHINGTON — Donald Trump blames Mexico and China for stealing millions of jobs from the United States.

He might want to bash the robots instead.

Despite the Republican presidential nominee’s charge that “we don’t make anything anymore,” manufacturing is still flourishing in America. Problem is, factories don’t need as many people as they used to because machines now do so much of the work.

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Mexican Peso Slides After U.S. Poll Shows Trump Edging Ahead

11/1/16 Bloomberg

mexican pesosMexico’s peso slid to a three-week low after a poll showed Republican candidate Donald Trump narrowly ahead in the presidential race a week before the vote.

The currency fell 1.8 percent, the most in almost four months, to 19.2088 per U.S. dollar as of 12:37 p.m. in Mexico City after the ABC News/Washington Post tracking poll placed Trump 1 percentage point ahead of Democratic rival Hillary Clinton, within the margin of error. The peso fell 0.8 percent on Friday after the Federal Bureau of Investigation said it was re-opening an inquiry into Clinton’s use of e-mail. The Brazilian real fell 1.5 percent, reversing an earlier gain.

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How U.S. Election May Impact Factories in Mexico

11/1/16 The Wall Street Journal

factoryMEXICO CITY—The U.S. presidential election is still days away but the impact of the campaign and its outsized focus on Mexico already are being felt in the market for warehouses and factories in border towns like Juarez, Monterrey and Saltillo.

Leasing of industrial space along Mexico’s northern border has slowed sharply as uncertainty has grown over how the election’s outcome—particularly a victory by Republican candidate Donald Trump—would affect demand.

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