Mexico

Peso, Loonie Drop After NAFTA Renegotiation Executive Order Headlines

Confirming his campaign rhetoric and inaugural address tone, President Donald Trump is expected to sign an executive order as early as Monday to renegotiate the North American Free Trade Agreement (NAFTA) with Canada and Mexico, according to NBC News' Kristen Welker.

Futures, Dollar Slide; European Stocks At 3-Week Lows As "Trump Reality Sets In"

While US stocks closed near session, and all time highs on Friday, the first green close on inauguration day in over 50 years, Monday has seen a modest case of buyer's remorse, with European stocks sliding, Asian shares mixed and U.S. futures lower as the dollar weakened for the 3rd consecutive day to a six-week low, dropping as much as 1% against the Yen, as anxious investors awaited more details of Donald Trump’s policies.

A Preview Of Trump's Seven Imminent Executive Orders

1) hiring freeze at executive branch; 2) 5-year lobbying ban on transition and administration officials; 3) Mexico City policy, which prevents foreign NGOs from getting U.S. family planning money if they provide abortions with non-U.S. funds; 4) Task the Defense Secretary with plan to eviscerate ISIS; 5) Report on readiness, and something cyber security related; 6) Border/immigration: sanctuary cities, expand E-Verify, an extreme vetting proposal' 7) Withdraw from TPP and a thorough review of NAFTA.

Frontrunning: January 20

  • How Trump Aims to Broadly Reshape Policy (WSJ)
  • Trump Calls for Unity at Opening Concert as Inaugural Festivities Begin (NYT)
  • Trump Takes the Reins of a Deeply Divided Nation (BBG)
  • Washington braces for anti-Trump protests, New Yorkers march (Reuters)
  • After the Parties, a Protest for the Ages (WSJ)

Dear Europe, Trump's Just Not That Into You

"Guys! You lost! You lost big. Get a grip. It’s a different world out there. Adapt accordingly or fade away. Something tells us the adaptation process will prove too much for most of Europe’s current leaders. That will necessarily mean that most won’t be leaders for long."

"El Chapo" Extradited To The US

The third time behind bars for Joaquin "El Chapo" Guzman may be the unlucky one: on Thursday, Mexico's most notorious cartel kingpin who twice brazenly escape from prison and spent years on the run as the country's most wanted man, was extradited to the U.S. on Thursday to face drug trafficking and other charges.