MEXICO CITY (AP) — President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% import duties on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border. Sheinbaum said she was willing to engage in talks…
MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum said on Monday that she would renew an agreement with food producers and retailers to keep the price of a set of basic groceries affordable for consumers. The measure had been rolled out by her predecessor, former President Andres Manuel Lopez Obrador, in 2022 as inflation was the…
MEXICO CITY (AP) — For the last six years, Mexico bragged about its oft-questioned “hugs, not bullets” strategy, in which its leaders avoided confrontations with drug cartels that were gradually taking control of large parts of the country. The thinking was that social programs, not shootouts, would gradually drain the pool of cartel gunmen. Now,…
MEXICO CITY (AP) — Mexico’s outgoing president has always taken pride in his reputation as a penny-pincher but on Friday, three days before leaving office, Andrés Manuel López Obrador announced generous cash giveaways for his allies in a radical union movement. It was part of what analysts call López Obrador’s contradictory policies of cutting some…
By Diego Oré MEXICO CITY (Reuters) – Mexico’s ruling Morena party on Sunday elected Interior Secretary Luisa Maria Alcalde as its new leader and awarded the son of outgoing Mexican President Andres Manuel López Obrador a high-ranking position. Alcalde, a 37-year-old lawyer who hails from a storied Mexican political family, will be tasked with helping…