Mexican President Claudia Sheinbaum congratulated Donald Trump on his election victory, calling for dialogue and respect for sovereignty. She expressed confidence in strong U.S.-Mexico relations and reassured the public despite market instability.
Mexican President Claudia Sheinbaum on Wednesday congratulated former U.S. President Donald Trump on his victory in the presidential election, asking him for dialogue and respect for sovereignty.
In a post on X, Sheinbaum, who took office just last month, wrote she was sure both would "advance in the broad bilateral agenda" that connects the neighboring countries.
"There will be good relations with the United States," she had said earlier in the day, seeking to calm worries ahead of Trump's return to power. "I'm convinced of that."
The Mexican peso took a significant hit in overnight trading, dropping to the lowest level in more than two years. As markets digested Trump's win during the day, it trimmed losses, trading at 20.08 pesos per dollar at 5 p.m. ET.
Earlier in the day, she said she would wait to congratulate Trump until votes were counted.
Andres Manuel Lopez Obrador, her predecessor, also famously delayed congratulating Joe Biden on his victory in the 2020 presidential election, saying he would wait until legal challenges were concluded.
Lopez Obrador's decision was seen by many as a bid to avoid friction with Washington during the transition period.
Mexico is the top trade partner of the U.S., and the bilateral relationship with its northern neighbor is by far its most important.
While the U.S. election extended a streak of volatility and weakness for emerging markets, Mexico was seen as particularly vulnerable given its exposure to the U.S. economy. make it a bit shorter but keep the most important information and paraphrase a bit
U.S. President Donald Trump on Tuesday announced a new trade agreement with Indonesia, calling it a “great deal” that includes a 19% tariff and ex...
U.S. President Donald Trump said on Tuesday that Ukrainian forces should not strike Moscow, rejecting reports that he approved long-range missile deli...
Canadian Prime Minister Mark Carney says it’s unlikely his government can strike a tariff-free trade deal with the U.S....
NATO Secretary General Mark Rutte is warning that major economies like Brazil, China, and India could face serious consequences if they continue tradi...
U.S. consumer prices rose at their fastest pace in five months in June, signaling the early impact of tariffs on inflation. However, subdued demand an...
Mexican President Claudia Sheinbaum has expressed confidence that an agreement with the United States can be reached before the threatened 30% tariff comes into effect, despite recent tensions.
President Donald Trump has announced plans to impose a 30% tariff on imports from Mexico and the European Union starting August 1, following failed trade negotiations with both major U.S. partners.
Mexican authorities have discovered 20 bodies, including several decapitated, on Monday in the western state of Sinaloa, where cartel violence has sharply increased.
Mexico’s navy intercepted a submarine carrying 3.5 tonnes of cocaine off the coast of Guerrero, dealing a major financial hit to drug traffickers.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
Authorities in North Carolina are investigating three potential storm-related deaths linked to severe flooding from the remnants of Tropical Storm Chantal, officials said Tuesday.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 10th July, covering the latest developments you need to know.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Hollywood star Sydney Sweeney is reportedly the top contender to become the next Bond girl, as director Denis Villeneuve and Amazon look to modernise the James Bond franchise.
U.S. President Donald Trump on Tuesday announced a new trade agreement with Indonesia, calling it a “great deal” that includes a 19% tariff and expanded U.S. export access.
U.S. President Donald Trump said on Tuesday that Ukrainian forces should not strike Moscow, rejecting reports that he approved long-range missile deliveries.
Canadian Prime Minister Mark Carney says it’s unlikely his government can strike a tariff-free trade deal with the U.S.
NATO Secretary General Mark Rutte is warning that major economies like Brazil, China, and India could face serious consequences if they continue trading with Russia, as the U.S. steps up pressure with fresh sanctions and weapons support for Ukraine.
The American leader stated that if an agreement between Russia and Ukraine is not achieved within that timeframe, "it will be very bad."
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment