- Title: Mexicans cautious after Donald Trump wins U.S. presidential election
- Date: 9th November 2016
- Summary: MEXICO CITY, MEXICO (NOVEMBER 9, 2016) (REUTERS) EXTERIOR MEXICO'S STOCK EXCHANGE SIGNS OUTSIDE STOCK EXCHANGE RESIDENTS WALKING IN STREET EXCHANGE RATE SEEN ON BANNER MORE OF RESIDENTS WALKING IN STREET (SOUNDBITE) (Spanish) MEXICAN RESIDENT, ENRIQUE ALVAREZ, SAYING: "The future in the short term is uncertain. It will generate turbulence due to the opinion of Donald Trump and his conservative economic policy. It has already hit Mexico and this election has affected the peso, which it shouldn't but that's in response to the fear with regards to the way Trump will govern." MORE OF RESIDENTS CROSSING ROAD (SOUNDBITE) (Spanish) RESIDENT, OSWALDO JIMENEZ, SAYING: "Whether it be Donald Trump or Hillary, we (Mexico) should now develop advanced policies and we should not be scared. Ultimately world economies all depend on movement, they are not connected to just one situation. We'll be fine. On the contrary, we have to re-invent ourselves and continue working." PEOPLE LOOKING AT HEADLINES IN NEWSPAPER STAND (SOUNDBITE) (Spanish) RESIDENT, LOURDES ADAYA, SAYING: "The United States has always had its foot on Mexico, whoever wins. Finally, the decisions he (Trump) takes will benefit his country, not to benefit the world but to benefit his country." MORE OF PEOPLE IN STREET
- Embargoed: 24th November 2016 16:50
- Keywords: Mexico reactions United States election Donald Trump
- Location: MEXICO CITY, MEXICO
- City: MEXICO CITY, MEXICO
- Country: Mexico
- Topics: Government/Politics,Elections/Voting
- Reuters ID: LVA00157Q64W7
- Aspect Ratio: 16:9
- Story Text: Mexicans expressed concern after Republican Donald Trump stunned the world on Tuesday (November 8) by defeating heavily favoured Hillary Clinton in the race for the White House, ending eight years of Democratic rule and sending the United States on a new, uncertain path.
A real-estate developer and former reality TV host, Trump rode a wave of anger toward Washington insiders to defeat Clinton, whose gold-plated establishment resume includes stints as a first lady, U.S. senator and secretary of state.
Mexico's peso was battered but it recovered some ground after falling to a record low. Trump's threats to rip up a free trade agreement with Mexico and tax money sent home by migrants to pay for building a wall at the shared border have made the peso particularly vulnerable.
For many in Mexico, Trump's victory represented uncertainty for the future.
"The future in the short term is uncertain. It will generate turbulence due to the opinion of Donald Trump and his conservative economic policy. It has already hit Mexico and this election has affected the peso, which it shouldn't but that's in response to the fear with regards to the way Trump will govern," resident Enrique Alvarez said.
Nevertheless, some said it would be an opportunity for Mexico concentrate on its internal policies and "re-invent" itself.
"Whether it be Donald Trump or Hillary, we (Mexico) should now develop advanced policies and we should not be scared. Ultimately world economies all depend on movement, they are not connected to just one situation. We'll be fine. On the contrary, we have to re-invent ourselves and continue working," said resident, Oswaldo Jimenez.
Victorious in a cliff-hanger race that opinion polls had forecast was Clinton's to win, Trump won avid support among a core base of white non-college educated workers with his promise to be the "greatest jobs president that God ever created."
His win raises a host of questions for the United States at home and abroad. He campaigned on a pledge to take the country on a more isolationist, protectionist "America First" path. He has vowed to impose a 35 percent tariff on goods exported to the United States by U.S. companies that went abroad.
Resident, Lourdes Adaya, said Trump's policies would just benefit his country.
"The United States has always had its foot on Mexico, whoever wins. Finally, the decisions he (Trump) takes will benefit his country, not to benefit the world but to benefit his country," she said.
Trump, who at 70 will be the oldest first-term U.S. president, came out on top after a bitter and divisive campaign that focused largely on the character of the candidates and whether they could be trusted to serve as the country's 45th president. - Copyright Holder: REUTERS
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