Mexico's president imitates Trump in 'art of the deal'
ABC News
Former U.S. President Donald Trump cast himself as a master of “The Art of the Deal,” but his old buddy, Mexican President Andrés Manuel López Obrador, may be taking over that title
MEXICO CITY -- Former U.S. President Donald Trump cast himself as a master of “The Art of the Deal,” but his old buddy, Mexican President Andrés Manuel López Obrador, may be taking over that title.
Last week, López Obrador pressured a U.S. gravel company into agreeing to operate a tourist resort and cruise ship dock at a quarry it owns on the Caribbean coast.
The Alabama-based aggregates company Vulcan Materials — once known as Birmingham Slag Co. — has no experience at doing either, and would just like to continue mining gravel.
But López Obrador has used pressure and threats in a bid to get private and foreign companies to shore up his infrastructure plans and pet projects — state-run ports, terminals and rail lines that could become white elephants unless the private sector boosts them with real traffic.