Mexico’s week in review: Fugitive swaps, a strawberry spat and a stronger peso
Mexico and the United States spent the week of Aug. 17 trading shows of security cooperation, from fugitive handovers to a new drone-technology pact, culminating Wednesday in a federal operation in Michoacán that saw nine alleged members of the Jalisco New Generation Cartel arrested and set off narco-blockades at more than 20 points across the state. That cooperation ran alongside friction on other fronts. Mexico is contesting a proposed U.S. antidumping tariff on strawberry exports and objecting to Washington’s decision to deport some Mexicans to Central America rather than home, as trade uncertainty lingers more than a month after the U.S. declined to renew the USMCA free trade deal in its current form. Domestically, the fallout from the U.S. visa revocation of former president López Obrador’s son continued to shadow the government’s messaging on fuel-smuggling enforcement. Against that backdrop, the peso’s push below 17 to the dollar stood out as a rare poi...