Mexico will probably not seize $100 billion in factory assets
It is true that Mexico threatened to seize American factories in Mexico after Trump did not back down on drug cartels, unfair trade, and the wall. But I do not really think Pena Nieto would be stupid enough to take American factories even if it boosted his popularity, because if Mexico did, everyone in the world would be likely to pull out of Mexico to preserve their assets there and Mexico would become Venezuela 2.
Most likely scenario as far as I see it - Mexico is simply going to get whipped, and say yes. And President Trump knows that. If world analysts really thought Mexico was going to seize U.S. manufacturing the peso would now be worth less than $0.01 to the dollar, instead it actually rebounded a little. Ultimately we will have to wait and see what actually evolves but I doubt Mexico will seize anything.
In my opinion, Pena Nieto is not as bad as average Mexicans make him out to be. After giving it a fair amount of thought, even the gas price rise was probably justified in anticipation of the peso losing so much value with a Trump win that there really was no choice. I disagree with how they introduced the price increases but there really was no other option than to raise the price. Pena Nieto took big hits on his popularity by trying to strike a common ground with Trump, and then failed and kept the hits to his popularity. I'd say this piece which discusses the topic of his popularity, is not fake news for a change.
https://www.nytimes.com/2017/01/26/world/americas/mexico-pena-nieto-donald-trump.html?_r=0
MEXICAN ANONYMOUS
It is true that Mexico threatened to seize American factories in Mexico after Trump did not back down on drug cartels, unfair trade, and the wall. But I do not really think Pena Nieto would be stupid enough to take American factories even if it boosted his popularity, because if Mexico did, everyone in the world would be likely to pull out of Mexico to preserve their assets there and Mexico would become Venezuela 2.
Most likely scenario as far as I see it - Mexico is simply going to get whipped, and say yes. And President Trump knows that. If world analysts really thought Mexico was going to seize U.S. manufacturing the peso would now be worth less than $0.01 to the dollar, instead it actually rebounded a little. Ultimately we will have to wait and see what actually evolves but I doubt Mexico will seize anything.
In my opinion, Pena Nieto is not as bad as average Mexicans make him out to be. After giving it a fair amount of thought, even the gas price rise was probably justified in anticipation of the peso losing so much value with a Trump win that there really was no choice. I disagree with how they introduced the price increases but there really was no other option than to raise the price. Pena Nieto took big hits on his popularity by trying to strike a common ground with Trump, and then failed and kept the hits to his popularity. I'd say this piece which discusses the topic of his popularity, is not fake news for a change.
https://www.nytimes.com/2017/01/26/world/americas/mexico-pena-nieto-donald-trump.html?_r=0
MEXICAN ANONYMOUS