After 14 months of talks between the United States and its closest allies, President Donald Trump celebrated the United States Mexico Canada Agreement, or USMCA, a new trade agreement that is poised to replace the North American Free Trade Agreement, or NAFTA.
Mexican president-elect Andres Manuel Lopez Obrador said he will abandon the secret service-style protection used by his predecessor in favor of a security detail of 20 unarmed men and women, including lawyers, doctors and engineers.
Andrés Manuel Lopez Obrador, who rallied voters with his battle cry against corruption and promises to the poor, won a resounding victory Sunday night in Mexico’s presidential election, after the concession of his two top rivals. The victory makes him the first left-oriented president since Mexico began its transition to democracy more than 30 years ago.
U.S. President Donald Trump said on Monday the U.S. is not backing down on its decision to impose 25% tariffs on steel imports and 10% tariffs on imported aluminum products. Before a White House meeting with Israeli Prime Minister Benjamin Netanyahu, Trump suggested Mexico and Canada could be exempted from the planned tariffs if a new and “fair” North American Free Trade Agreement (NAFTA) is reached.
The campaign for Mexico's Jul 1 presidential election began in earnest on Sunday (Feb 18) as the country's top parties officially nominated their candidates, with all three front-runners trying to sell a message of change.
US Secretary of State Rex Tillerson warned Mexico on Friday to pay attention to Russian meddling in elections around the world, following comments from another US official that there were signs of such interference in the country's presidential race.
United States Secretary of State Rex Tillerson will travel to Austin, Texas, and then to Mexico City, Mexico; Bariloche and Buenos Aires, Argentina; Lima, Perú; Bogotá, Colombia; and Kingston, Jamaica on February 1-7. According to a release from the State Department, Secretary Tillerson will engage with regional partners to promote a safe, prosperous, energy secure, and democratic hemisphere.
Finance minister Jose Antonio Meade threw his hat in the ring to become the presidential candidate of Mexico’s ruling party in the July 2018 election, hours after resigning his post as finance minister.
Mexico’s president, Enrique Peña Nieto, signed a decree creating a massive marine reserve, spanning 57,000 square miles around the four Revillagigedo Islands—a volcanic archipelago 240 miles southwest of the Baja Peninsula. The reserve is the largest marine protected area yet created in North America.
Mexico’s national oil company Pemex has made its biggest onshore oil discovery in 15 years with a find in the eastern state of Veracruz, President Enrique Peña Nieto announced. Pemex made the discovery by drilling its onshore Ixachi well, near the municipality of Cosamaloapan and the overall field is believed to hold some 350 million barrels of proven, probable and possible reserves.