Stunned Mexico ponders new relationship with US

And Mexican Foreign Minister Claudia Ruiz Massieu told CNN late Wednesday that the country is ready to “modernize” but not renegotiate NAFTA.

Trump had vowed that he would build a massive border wall, and make Mexico pay for it.

Mexican President Enrique Peña Nieto said he and Donald Trump were planning to meet sometime before January’s inauguration to discuss cooperation between their two countries.

The United States is Mexico’s largest trading partner and the North American Free Trade Agreement, which Trump has said he wants to re-negotiate, is the backbone of that commerce.

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.

Nonetheless, the thought of Trump’s entry into the White House seems to be haunting Mexican nationals living in the US.

Mexico’s President Peña Nieto faced criticism recently for the way he managed his meeting with Trump last September.

Trump has frequently singled out Ford for its plan to move production of its small cars to Mexico.

Mexico’s Supreme Court said previous year that laws restricting marriage to a man and woman were unconstitutional and a Supreme Court judge urged states to legalize gay marriage.

Despite having been on the campaign trail for more than 16 months, Trump’s concrete policy proposals still leave much to the imagination for those working in social justice ministries.

The US presidential campaign, which culminated with Republican nominee Trump’s surprise victory over Democrat Hillary Clinton on Tuesday, has been steeped in protectionist rhetoric, shaking Mexico’s government and battering the peso currency.

In a statement, German chancellor Angela Merkel said there is no closer ally to the country than the United States.

After the president-elect rode the escalator down Trump Tower in June 2015 to announce his candidacy, he said, “I will build a great wall – and nobody builds walls better than me, believe me – and I’ll build them very inexpensively”.

“While policy direction from the Trump administration is not yet clear, any changes that materially disrupt trade or financial flows would be credit negative for Mexico“, said Jaime Reusche, senior sovereign analyst at Moody’s. Colombia also responded to USA elections by way of its Foreign Ministry in a statement that greets the people and the government of the US for the democratic spirit shown in the presidential elections.

But Azzopardi said his company, which opened a plant this year in Mexico, has flourished under NAFTA.

The first signs of trouble were evident before the election was even called, with the value of shares in United States manufacturers and component suppliers that rely on Mexico taking a profound hit yesterday.