MXPE Weekly Essentials

Censorship bill censored, mining undermined, auto tariff discounts, and other highlights in Mexican politics, policy, and markets from the past week.

Donald Trump is an empowering force to world leaders who stand up to him. But what happens when the leadership in question is already overpowered?

Former Mexican president Andrés Manuel López Obrador said it himself: “Too much power turns the clever stupid and it makes the stupid go mad.”

Mexico got a good glimpse of both stupidity and madness last week after the US Department of Homeland Security broadcast a primetime ad on Mexican television threatening any undocumented migrants who might be thinking of heading to the US. Outrage followed across all political parties and sectors of Mexican society. The government saw its chance.