Trump's visit causes Mexico's finance secretary resignation

Finance Secretary Luis Videgaray has resigned amid a backlash over Republican Party nominee Donald Trump’s visit to Mexico last week

Finance Secretary Luis Videgaray has resigned amid a backlash over Republican Party nominee Donald Trump’s visit to Mexico last week, spokespersons for that portfolio told EFE on Wednesday.

Videgaray, a close adviser to President Enrique Peña Nieto and a leading proponent of the visit, will not occupy any government post after stepping down, they added.

Peña Nieto immediately announced Videgaray’s replacement, naming Social Development Secretary Jose Antonio Meade to that position with the instruction to prepare the 2017 budget and make new cuts to public spending.

Meade will be replaced by Deputy Government Secretary Luis Enrique Miranda, the president said at the same ceremony at the Los Pinos presidential palace.

Videgaray’s resignation stems from the near-unanimous repudiation of the decision to invite Trump to Los Pinos considering the insults he has leveled against Mexican illegal immigrants since the start of his campaign, as well as his vow to build a wall on the border and have Mexico pay for it.

Reports in recent days indicate that Videgaray argued a meeting with Trump was necessary to soften his hardline positions, including his threat to scrap the North American Free Trade Agreement as one of his first actions in office.

Despite the avalanche of criticism he has received for last Wednesday’s Trump visit, which Foreign Secretary Claudia Ruiz privately opposed, Peña Nieto has defended his decision and the outcome of their meeting.

In a recent interview, Peña Nieto said that after the meeting Trump spoke about improving NAFTA rather than scrapping the agreement.

The president said he also told the real-estate magnate in the meeting that Mexico would not pay for the border wall.


EFE |

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