In Mexico City visit, senior White House seek to cool tempers after weeks of tension between the two neighbours."There exists among Mexicans worry and irritation about what are perceived to be policies that could be harmful for the national interest and for Mexicans here and abroad," Videgaray said, l ooking stern as he stood beside the US officials. Relationships between the two countries have gone downhill quickly since Trump's win at the US presidential election in November.
U.S. president-elect’s protectionist threats put big business on back foot. President-elect Donald Trump’s tweet blasted Toyota’s plans to make U.S.-bound cars in Mexico, threatening expensive tariffs. In the wake of Trump’s latest tweet, some companies are giving second thoughts to plans to expand in Mexico, with one executive calling such a move “risky.”
Mexican government ‘categorically rejects’ attempts to scare off investors but effects seem clear as future Ford plant – and job hopes – are left an empty shell. “It’s going to have a huge impact on the local community,” said Eaves, calculating the loss to the economy could run into the hundreds of millions or billions of over the next five years, as manufacturing, contracting and indirect jobs all fall short of plans.