After a 13% drop in the value of the Peso, precipitated by the Trump's election, Mexico has reiterated that they will not be paying for Trump's wall. The people were warned of very hard times are coming to Mexico.
A bill will be introduced today in the Mexican Senate to retaliate against anticipated moves against the Mexican people by Trump. This bill includes measures to: expropriate property owned by Americans in Mexico in proportion to the Trump planned blockage of up to 25 billion dollars in transfers from the US to Mexico. Expropriation can effect a million Americans living in Mexico as well business interest.
His bill also includes the automatic review of 75 treaties with the US if Trump backs out of NAFTA. These treaties contain language that provides for cooperation of the two countries at ports of entry, sharing of intelligence about criminal activity including terrorism threats, accepting deportees, and extradition. These treaties include land exchange at borders and areas of joint administration.
Attempting to calm fears, President Enrique Pena Nieto said on Twitter he was ready to work with Trump, calling the neighboring countries friends who "should continue to work together for the competitiveness and development of North America".
A bill will be introduced today in the Mexican Senate to retaliate against anticipated moves against the Mexican people by Trump. This bill includes measures to: expropriate property owned by Americans in Mexico in proportion to the Trump planned blockage of up to 25 billion dollars in transfers from the US to Mexico. Expropriation can effect a million Americans living in Mexico as well business interest.
His bill also includes the automatic review of 75 treaties with the US if Trump backs out of NAFTA. These treaties contain language that provides for cooperation of the two countries at ports of entry, sharing of intelligence about criminal activity including terrorism threats, accepting deportees, and extradition. These treaties include land exchange at borders and areas of joint administration.
Attempting to calm fears, President Enrique Pena Nieto said on Twitter he was ready to work with Trump, calling the neighboring countries friends who "should continue to work together for the competitiveness and development of North America".