Tuesday, April 28, 2020

Mexico continues tug of war with firms over virus outbreak

Mexico continues tug of war with firms over virus outbreakMexico's government continued its tug of war with businesses on Monday, pledging to reopen factories vital to the U.S. economy while shaming others that refuse to close under lockdown measures decreed to fight the spread of the coronavirus. President Andrés Manuel López Obrador also said he didn’t like businessmen going out to seek loans from international lending agencies, further angering the business sector. Under U.S. pressure, Mexico pledged Friday to reopen automotive plants in a “gradual and cautious” process.




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