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Trump's Win Means Dark Days for Mexico

  • President-elect promised to make Mexico pay for border barrier
  • He has vowed to deport millions, end job losses to Mexico
Bloomberg business news

Carlos Gutierrez: You Can't Just Throw Out Trade Deals

Updated on

As the world absorbs the shock of Donald Trump’s victory, no country is likely to be as directly affected as Mexico, whose economy and population are intimately linked to the U.S.’s and against which Trump directed exceptional hostility. 

His pledges to build a wall between the two countries and make Mexico pay for it, end or overhaul their free-trade agreement, stop U.S. factories from moving there and deport millions of undocumented immigrants south of the border spell deep trouble for the Mexican economy. The peso extended its losses Thursday to a record low against the dollar.