Trump Hits Wall With Bid to Place Ally at Latin America Bank

  • Mexico joins Chile, European Union in backing IDB vote delay
  • Argentina also said to support postponement in September vote
Donald TrumpPhotographer: Kevin Dietsch/UPI/Bloomberg
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U.S. President Donald Trump’s controversial push to install a close ally at the helm of a key Latin American development bank is running into difficulty after Mexico, Chile and the European Union called for delaying the election.

Mexico’s finance ministry announced Friday its support for a postponement of the vote on the next president of the Inter-American Development Bank, expected a month from now, saying the issue requires more dialog to decide the role for the institution amid the global pandemic. The move comes after the EU and then Chile in recent days said that they support a delay.