Pompeo to visit Mexican president-elect; discuss immigration, trade

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"We had a lot of good conversation, I think the relationship will be a very good one".

Lopez Obrador, a leftist populist who won the country's election by a landslide Sunday, traveled to a meeting with outgoing President Enrique Peña Nieto at the National Palace in Mexico City as a half-dozen television cameramen on motorcycles trekked alongside his vehicle, which had the windows open.

"We talked about border security, we talked about trade, we talked about NAFTA, we talked about a separate deal, just Mexico and the United States", he explained.

"There is much to be done that will benefit both the United States and Mexico!" the president added.

The leader of Mexico's other NAFTA partner, Canadian Prime Minister Justin Trudeau, welcomed Lopez Obrador's victory, calling Mexico a "close friend".

"At the appropriate moment, we are going to get in touch, to reach an understanding" with the Trump administration. That is what we always want to maintain with the USA government, that there be mutual respect.

Initial euphoria over Andres Manuel Lopez Obrador's landslide victory soured as the dollar's gain jolted investors back to the reality that the country's first leftist president in recent times may alter its economic model.

The survey by El Financiero showed Lopez Obrador with 49 percent of the vote. Ricardo Anaya of the centre-right PAN was a distant second at 22.6% and Jose Antonio Meade of the centre-left ruling PRI party at 15.6%. Lopez Obrador himself refused to accept his two previous presidential losses, and in 2006 his supporters set up a protest camp that caused months of chaos in downtown Mexico City.

Exit polling by Consulta Mitofsky for the Televisa network forecast gubernatorial wins for allies of Lopez Obrador's Morena party in at least four of eight state races on the ballot plus for the head of government in Mexico City.

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Then, he cried fraud and declared himself the rightful victor, but alienated many supporters with huge street protests that brought much of the capital to a standstill for weeks.

Lopez Obrador previously vowed to throw the energy reform out but now says contracts merely will be reviewed for any illegalities.

In brief remarks at a hotel in central Mexico City late Sunday, Lopez Obrador called for reconciliation after a polarizing campaign and promised profound change but with respect for the law and constitutional order. "But it has to be made clear that he has to deliver what he promises and not become like the rest", he said. "What are the signals that he sends out to markets, to his political opponents, to Mexican society generally, of what he'll actually do when he comes into office?"

Mexican's President-elect has been a vocal critic of Donald Trump in the past. But if the new president can create more economic opportunity in his country it could help stem migration to the U.S.

Most of the murders have been of local politicians, the most frequent targets for drug cartels seeking corrupt officials they can strike alliances with.

The American Action Forum found in a report on December 11 that outright withdrawal from NAFTA would cost United States consumers and businesses up to $7 billion annually in increased prices, and could also jeopardize 14 million jobs and threaten almost $1 trillion in North American trade.

"We are actually quite optimistic about the outcome of the election", said Paul Greer, a portfolio manager at Fidelity International. This did not hurt AMLO's margin of victory as he won with an estimated 53 percent of the vote in a contest with three other major candidates.

Lopez Obrador will take office on December 1.

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