Home Business-newBusiness Mexicans on U.S. border fear economic catastrophe if Trump wins

Mexicans on U.S. border fear economic catastrophe if Trump wins

by Yucatan Times
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Mexicans on the U.S. border anxiously awaited the outcome of the U.S. presidential election on Tuesday Nov. 8, plagued by fears of economic disaster if Republican Donald Trump wins and tries to choke local industry, isolate the country and deport millions.

Trump’s campaign has been one of the most unpopular in living memory in Mexico, ranging from stinging verbal attacks on its migrants, threats against its trade agreements, to his repeated vows to seal off the country behind a huge border wall that he insists Mexico will pay for.

Reuters reports that nowhere has the bad-tempered contest been felt more acutely than in the Mexican cities straddling the U.S. border, which hundreds of thousands of people cross for work every day, and acts as a bridge for $500 billion in annual bilateral trade.

Trucks wait in the queue for border customs control to cross into U.S. at the World Trade Bridge in Nuevo Laredo, Mexico, November 2, 2016. (PHOTO: REUTERS/Daniel Becerril)

Trucks wait in the queue for border customs control to cross into U.S. at the World Trade Bridge in Nuevo Laredo, Mexico, November 2, 2016. (PHOTO: REUTERS/Daniel Becerril)

Trump launched his bid accusing Mexico of sending rapists and drug peddlers across the border, prompting the government to accuse him of stirring up hatred and fanning concerns on the border that racial prejudice is becoming more acceptable.

The tycoon says he could scrap the North American Free Trade Agreement that took effect in Mexico, the United States and Canada in 1994, and he has threatened to impose tariffs…

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Source: reuters.com

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