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Mexico’s new finance minister spurns Donald Trump

According to media reports, Trump’s visit to Mexico was widely seen as a diplomatic failure that only served to strengthen the candidate’s standing among potential voters by making him seem more presidential.

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Trump commented on the resignation during a forum with USA veterans on NBC television when he was asked if the United States could take a chance with him as commander-in-chief.

And if you look at what happened, look at the aftermath today, where the people that arranged the trip in Mexico have been forced out of government. “That’s how well we did”. Meade held the position of finance minister in 2011 and in 2012.

He has shared both in the president’s triumphs and embarrassments.

The depth of Videgaray and Pena Nieto’s bond was highlighted when both were embroiled in conflict-of-interest scandals, after they were found to have acquired property from a favorite government contractor. He did not announce a new post for Videgaray. Videgaray, a former investment banker, has worked for Pena Nieto since the president first became a governor in the State of Mexico in 2005.

Luis Enrique Miranda, former Deputy Minister at the Ministry of the Interior, replaced Meade at Social Development Ministry.

However, within hours of leaving Mexico, Trump was telling a cheering crowd of supporters in Phoenix, Arizona, that Mexico would pay for the border wall “100 percent”, prompting fresh ridicule of Pena Nieto at home.

Pena Nieto told Milenio television this week that he took the decision to invite Trump, and that “nobody recommended it to me”.

Trump has cast his visit to Mexico as a statesmanlike effort to reach out to a country he had alienated.

Videgaray, who pushed through a controversial tax increase in 2013 and championed the opening of the nation’s oil industry after 75 years of state monopoly as a way to boost growth, isn’t taking another post in the administration, ministry spokeswoman Claudia Algorri told Bloomberg News on Wednesday, citing no reason for the departure.

Trump, the Republican nominee for the U.S. presidency, visited Mexico briefly on 1 September, despite widespread condemnation of some of his earlier comments about Mexican migrants to the United States.

Pena Nieto came under fire for not responding to Trump’s mention of the wall during a joint news conference on August 31, something he has since sought to correct.

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“The cabinet shuffle comes from the realization that inviting Trump only provided him with a major foreign policy forum, while severely damaging Peña Nieto’s already low popularity”.

Mexico’s Finance Secretary Luis Videgaray looks down as President Enrique Pena Nieto announces Videgaray’s resignation at Los Pinos presidential residence in Mexico City on Wednesday Sept. 7 2016. The Treasury Ministry gave no reason for the resigna