Following trade deal, Mexican president defends 2016 Trump visit

Following trade deal, Mexican president defends 2016 Trump visit
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Mexican President Enrique Peña Nieto on Tuesday tweeted in defense of then-candidate Donald Trump's 2016 visit to Mexico City, following a new trade agreement between the United States and Mexico. 

The Mexican president tweeted in Spanish that Trump's visit in 2016 was "A hurried encounter that in the end left something positive." He pointed to the visit as leaving the "door open" for dialogue on trade with the United States.

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The United States and Mexico on Monday announced an agreement on a modernized version of the North American Free Trade Agreement, pending negotiations with Canada.

Trump in August 2016 visited Mexico City after he was invited by Peña Nieto. The Mexican president, who at the time had an approval rating in the low teens, was almost universally panned for the gesture, which was seen as a boon to Trump's controversial rhetoric on Mexico and immigration.

In a video accompanying his Tuesday tweet, Peña Nieto defended the invitation.

"I underestimated the great social resentment toward President TrumpDonald John TrumpGrassley: Dems 'withheld information' on new Kavanaugh allegation Health advocates decry funding transfer over migrant children Groups plan mass walkout in support of Kavanaugh accuser MORE. Candidate Trump's aggressive rhetoric toward Mexico was already having an impact on public finances," said Peña Nieto.

"What the market was discounting, was that in case that he became president, and make reality what he was saying, eventually he was going to get Mexico into serious trouble," he continued.

World markets responded positively to the announcement of a U.S.-Mexico trade agreement Monday, stabilizing the Mexican peso.

Peña Nieto's sole presidential term — Mexican presidents cannot run for reelection — ends Dec. 1, when President-elect Andrés Manuel López Obrador will take over.

López Obrador told Televisa news network the treaty would help stabilize the Mexican economy but lamented Canada not yet being a part of the agreement.

"We are very much interested in this being an agreement between three countries," he said.