Mexico is growing less pessimistic about Donald Trump
That does not mean the country can relax
IN THE anxious days before Donald Trump was inaugurated in January the outlook for Mexico seemed bleak indeed. Mexicans worried that the president-elect would do what he said: tear up or drastically revise the North American Free-Trade Agreement (NAFTA), build a wall on the United States’ southern border and deport millions of their countrymen. Between election day in November and mid-January the peso lost 15% of its value against the dollar.
Now, 11 weeks into Mr Trump’s shambolic administration, the mood has lightened somewhat. Mexicans watch with mounting glee as judges block his executive orders. They are encouraged, too, by the impression that he cannot get bills through Congress and is hobbled by probes into connections between some of his advisers and Russia.
This article appeared in the The Americas section of the print edition under the headline "Not so bad, perhaps"
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