The News
The News
Wednesday 10 of August 2022

EPN Congratulates U.S., Not Trump

August 31, 2016 photo of Enrique Peña Nieto's meeting with Donald Trump,photo: Cuartoscuro/Isaac Esquivel
August 31, 2016 photo of Enrique Peña Nieto's meeting with Donald Trump,photo: Cuartoscuro/Isaac Esquivel
Meade Kuribreña did not comment on fall of the peso

President Enrique Peña Nieto congratulated the United States on Twitter on Wednesday and reiterated to U.S. President-elect Donald Trump his willingness to work together with mutual respect, without directly congratulating him.

“I congratulate the United States for its electoral process and reiterate to @realDonaldTrump the willingness to work together in favor of the bilateral relationship,” the president tweeted.

Peña Nieto wrote that he hoped that “Mexico and the United States will continue to strengthen their ties of cooperation and mutual respect” and stressed that both countries “are friends, partners and allies that must continue to collaborate for the competitiveness and development of North America.”

Moments before, Treasury and Public Finance (SHCP) Secretary José Antonio Meade Kuribreña and Mexico’s Central Bank (Banxico) Governor Agustín Carstens held a press conference in which, despite this situations being previously forecasted, did not announce measures concerning the peso.

Meade Kuribreña underlined the importance of “avoiding premature reactions” and guaranteed that “Mexico is in a position of strength” to face what may come.

“The result of the election does not imply an immediate impact on the regulatory framework that regulates trade in goods and services, financial flows or the ability of people to travel between countries,” he said.

In the streets, meanwhile, there was growing concern. “It shows that once again racism wins because this man promotes xenophobia. His entire campaign was based on an attack of immigrants, and there people are realizing that everyone, even if they don’t say it, is racist,” said Santos Romero, a 38-year-old taxi driver.

“Unfortunately, many Mexicans are going to have to return because of the fear that they will be deported. The problem is that there is no work here and the money they send will affect many families. And if there is no work and crime gets worse, well I don’t know, ” he added.