Over the past week, it seems to have sunk in to the Mexican commentariat that Trump is serious about building a wall and renegotiating NAFTA. Newspaper articles have gone from “Hey, maybe there is an upside here, we can modernize NAFTA!” to “We are at war.”
Then President Peña cancels his meeting with the American president.
As I have pointed out, many Mexicans blame Peña for Trump’s election. They’re probably not wrong. The logic is that Peña could have humiliated Trump. Then he recently brings back Videgaray, who had to resign over the Trump summit, on the theory that Videgaray is down with the Trump administration. But then the American president orders construction on the wall and continues to insist that Mexico pay for it. It leaves Peña with the worst of all worlds.
The signs are that the Mexican president is under great strain. His approval rating is down to 7%. “He stays late in his office and sleeps little,” says an administration insider.