Mexican leader congratulates US – but not Trump

Mexican President Enrique Pena Nieto is congratulating the US on its election — though not directly winner Donald Trump, who alarmed many by describing Mexican migrants as murderers and rapists.

Pena Nieto has sent a series of tweets repeating his readiness to work with Trump “in favor of the bilateral relationship.” He says Mexico and the US “are friends, partners and allies who should continue collaborating for the competitiveness and development of North America.”

The value of Mexico’s peso currency plunged sharply after the election of Trump, who has denounced the North American Free Trade Agreement that has led to billions of dollars in trade between the two nations.

Mexican Treasury Secretary Jose Antonio Meade held a news conference Wednesday morning, urging against “premature reactions.” He said the election result won’t immediately affect trade and said Mexico “is in a position of strength” to face whatever may come.

— AP