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
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UN Secretary-General António Guterres has extended warm wishes to Muslims around the world celebrating Eid al-Adha, calling for unity, compassion, and solidarity in a time marked by global conflict and division.
President Donald Trump has signed a proclamation reinstating a travel ban that restricts entry to the United States for citizens of 12 countries, citing national security threats and inadequate vetting processes.
In a historic move, President Donald Trump’s administration has imposed sanctions on four judges from the International Criminal Court (ICC), citing their involvement in cases targeting U.S. troops in Afghanistan and Israeli officials over alleged war crimes.
Albania’s Parliament has approved a bilateral agreement to enhance security cooperation and provide long-term support to Ukraine, marking a new phase in Tirana’s alignment with Kyiv amid ongoing regional instability.
In a sweeping new proclamation issued late Wednesday night, President Donald Trump has announced an immediate ban on the enrollment of new Chinese and other foreign students at Harvard University.
A U.S. appeals panel has rejected Apple’s request to pause a ruling that restricts the tech giant from charging commissions on in-app purchases made outside its payment system—delivering a major blow to the company in its long-running legal fight with Epic Games.
President Donald Trump has signed a proclamation reinstating a travel ban that restricts entry to the United States for citizens of 12 countries, citing national security threats and inadequate vetting processes.
In a historic move, President Donald Trump’s administration has imposed sanctions on four judges from the International Criminal Court (ICC), citing their involvement in cases targeting U.S. troops in Afghanistan and Israeli officials over alleged war crimes.
Albania’s Parliament has approved a bilateral agreement to enhance security cooperation and provide long-term support to Ukraine, marking a new phase in Tirana’s alignment with Kyiv amid ongoing regional instability.
In a sweeping new proclamation issued late Wednesday night, President Donald Trump has announced an immediate ban on the enrollment of new Chinese and other foreign students at Harvard University.
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