The nation “depends too much on buying foreign gasoline,” the president, commonly known as AMLO, said at an event Sunday in Paraiso, Tabasco, where the seventh refinery will be built. The leader also used the platform to rally the country after U.S. President Donald Trump threatened in the past week to slap a 5% tariff on all goods from Mexico if it doesn’t curb an unprecedented surge in migrants over the U.S. border. The Mexican peso slumped and was the worst performer among major global currencies in the past week.
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