4.4 • 350 Ratings
🗓️ 29 January 2025
⏱️ 22 minutes
🧾️ Download transcript
Mexico’s new president Claudia Sheinbaum is pursuing an ambitious agenda for her country. It promises a better standard of living for Mexicans. But investors in the country’s economy have their concerns – and now there’s a new threat on the horizon: US President Donald Trump. The FT’s Mexico and Central America correspondent Christine Murray explains how Sheinbaum will navigate the nation’s economic path forward.
Clip from Global News
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For further reading:
Mexico’s new president digs in with radical ideas as Trump threat looms
Mexico pledges to shrink trade deficit with China in nod to Donald Trump
Mexico’s first female president to take power under mentor’s shadow
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Follow Christine Murray on X (@chrissiemurray). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.bsky.social), or follow her on LinkedIn for updates about the show and more.
Read a transcript of this episode on FT.com
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0:00.0 | The week that the United States swore in its newest president in Washington, D.C., |
0:07.0 | my colleague Christine Murray, was further south, walking around Mexico City. |
0:13.0 | How many years have? |
0:16.0 | 73, I'm going to complete. |
0:18.0 | Christine's the F.T's Mexico and Central America correspondent. |
0:23.5 | She lives in Mexico City. |
0:25.3 | And she was curious how people were feeling about their country's economy in such a moment of transition. |
0:31.4 | See, Mexico elected its own new president, Claudia Shanebaum, just a few months ago. |
0:36.7 | Okay. |
0:37.5 | And how do you think that the economy, in what you see, |
0:41.9 | around the flujo, of the |
0:44.1 | money, of the |
0:45.0 | I spoke to a man named Anastasio Perez-Pel-Castre. |
0:49.9 | So Anastasio basically told me that he sees a lot of |
0:54.1 | movement in the economy, that there are jobs on offer, that the government is helping people with social programs. |
1:01.0 | And this is broadly what lots of people feel in Mexico. |
1:05.8 | Shane Baum took office last autumn from her massively popular predecessor, who upended Mexican politics and made a lot of changes. |
1:15.5 | But he also pushed Mexico's public finances to the brink. |
1:21.0 | So do you feel like Anastasio's response was typical among people in Mexico? |
1:27.2 | Yes, and I think it reflects what polls show in terms of how people feel about the economy, |
1:35.2 | consumer confidence. |
1:37.0 | Most people, particularly lower income people, are doing a little better because of higher wages |
... |
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