• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Exclusive

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

CommentaryMexico

Trump and Mexico’s Next President Are on Honeymoon. But It Won’t Last

By
Laura Carlsen
Laura Carlsen
Down Arrow Button Icon
By
Laura Carlsen
Laura Carlsen
Down Arrow Button Icon
August 1, 2018, 9:00 AM ET

Last year when the Mexican presidential campaign began to heat up, White House Chief of Staff John Kelly stated publicly that the last thing the Trump administration wanted was for the left-wing forerunner, Andres Manuel Lopez Obrador, to win. With President Donald Trump slamming Mexico at every opportunity, binational relations were at a historic low and seemed poised to get worse.

Then Lopez Obrador won the July 1 election by a landslide and his National Regeneration Movement party swept congressional and state elections. Suddenly AMLO, as he’s known from his initials, was Trump’s new best friend.

Following the election, Trump called Lopez Obrador, later telling reporters, “I think the relationship will be a very good one.” Days later, Trump sent down a delegation to meet with Lopez Obrador that included the secretaries of state, homeland security, and Treasury, and his son-in-law Jared Kushner. He later called the Mexican president-elect “a terrific person.”

What explains the sudden affinity for the Mexican progressive who dubbed Trump’s border politics a “hate campaign” and wrote an in-your-face book called “Listen Up, Trump” in defense of Mexican migrants in the U.S.?

Dozens of post-election articles have claimed that the two leaders’ populism makes them kindred spirits—albeit on opposite ends of the ideological spectrum. The comparison, usually illustrated by photos of Trump and Lopez Obrador sporting the same bulldog set of the jaw, panders to vacuous stereotypes and contains no intelligent political analysis.

There are, however, identifiable reasons for the current rapport. One stems from Trump’s ego: He respects Lopez Obrador’s electoral victory.

Trump warmed to Lopez Obrador because the president-elect’s remarkably successful campaign makes him a winner—and Trump identifies with winners (especially if they’re male). In a compliment that the U.S. president would usually reserve for himself, Trump wrote to his soon-to-be counterpart, “We both achieved electoral success by providing a clear vision for making our countries stronger and better.” In that vein, he has reportedly referred to Lopez Obrador as “Juan Trump.”

Trump and Lopez Obrador’s strong early relationship is also politically expedient for both. First, both want the North American Free Trade Agreement (NAFTA) off their political plates by the end of the year. They see the renegotiation process as a political liability that is causing unwelcome jitters in financial markets. Lopez Obrador wrote to Trump, “Prolonging the uncertainty could slow down investments in the medium- and long-term.” Lopez Obrador wants to leave the credit or the blame to the outgoing Mexican administration. Trump, for his part, wants to fulfill his campaign promise to fix or ditch NAFTA by the midterms.

Essentially, both want to conclude negotiations and claim they won. A compromise would probably look something like U.S. Treasury Secretary Steven Mnuchin’s “skinny NAFTA”—technical changes that don’t require congressional approval, and a non-binding agreement on raising wages in Mexico and prioritizing job creation in their respective countries.

The Mexicans will still have to face down Trump’s threats to reduce NAFTA to separate binational agreements with Mexico and Canada or to pull out altogether—a threat he repeated in his letter to Lopez Obrador: “I believe a successful renegotiation of [NAFTA] will lead to even more jobs and higher wages for hard-working American and Mexican workers—but only if it can go quickly, because otherwise I must go a much different route.”

Second, the two leaders agree on stemming immigration to the U.S., though for different reasons. Trump wants to keep immigrants out of the U.S. from a nativist stance that focuses on increased policing, barriers, and detention. To show progress, he needs Mexico to intensify efforts to “filter” migrants arriving through its southern border—a job Lopez Obrador does not relish.

The Mexican president-elect would rather work to create an economic system in which migration is optional, emphasizing job creation and educational opportunities in Mexico and Central America. He proposes a regional development plan focused on areas that expel migrants because of poverty and violence.

Third, during Mexico’s lame duck period and the run-up to the U.S. midterms, neither leader wants to rock the boat. Both need stable financial markets and an optimistic outlook for their parties to succeed.

The current coziness between Lopez Obrador and Trump, though, can’t last forever. Trump plays to an anti-immigrant, anti-Mexico base, and the Mexican population will never trust Trump or a Mexican president who appeases him. Clashes are inevitable between the state-primed economic revival and redistribution path Lopez Obrador has laid out and Trump’s America First strategy, motored by xenophobia and an expanding military-industrial complex.

If the aim of diplomacy is to provide stability and well-being to the people—as it should be—the basis of understanding will eventually have to include points on which the two leaders agree to disagree. Defining distance is as important as defining cooperation.

The odd couple’s honeymoon may be the prelude to a difficult marriage. Divorce isn’t an option, but separate bedrooms might not be a bad idea.

Laura Carlsen is the director of the Americas Program at the Center for International Policy.

About the Author
By Laura Carlsen
See full bioRight Arrow Button Icon

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Commentary

altman
CommentarySam Altman
Musk vs. Altman: AI safety cannot be one man’s job
By Stavros GadinisMay 18, 2026
5 hours ago
charlie
CommentarySoftware
Anaplan CEO: AI isn’t eating software. It’s sorting it
By Charlie GottdienerMay 18, 2026
15 hours ago
shyam
CommentaryHealth
World Economic Forum: women’s health gets only 20% of R&D funding. We must seize this $1 trillion opportunity
By Shyam BishenMay 18, 2026
22 hours ago
murdochs
CommentaryMedia
OpenAI paid $100 million for a talk show. James Murdoch is eyeing an even bigger deal. The hot new asset class is humanity
By Lin CherryMay 17, 2026
2 days ago
dennis
CommentaryAI agents
Freshworks CEO: why agile enterprises are winning the AI race — and what they did differently
By Dennis WoodsideMay 17, 2026
2 days ago
Mary Moreland-Abbott Executive Vice President of Human Resources.
CommentaryRetirement
Gen X is the most indebted generation in America. Their employers can fix that
By Mary MorelandMay 17, 2026
2 days ago

Most Popular

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
6 days ago
Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
AI
Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
By Jake AngeloMay 16, 2026
3 days ago
The top foreign holders of U.S. debt may soon dump Treasury bonds and bring their money back home, potentially spiking borrowing costs
Economy
The top foreign holders of U.S. debt may soon dump Treasury bonds and bring their money back home, potentially spiking borrowing costs
By Jason MaMay 17, 2026
1 day ago
While Trump insisted the Iran war would end ‘soon,’ an account in his name was buying millions in oil, defense and gold
Economy
While Trump insisted the Iran war would end ‘soon,’ an account in his name was buying millions in oil, defense and gold
By Eva RoytburgMay 18, 2026
8 hours ago
SpaceX heads into a record-shattering IPO with the 'deepest moat that exists today' as investors vow to 'never bet against Elon'
Innovation
SpaceX heads into a record-shattering IPO with the 'deepest moat that exists today' as investors vow to 'never bet against Elon'
By Jason MaMay 16, 2026
2 days ago
EXCLUSIVE: An hour in the Oval Office with the CEO-in-Chief, President Trump
Politics
EXCLUSIVE: An hour in the Oval Office with the CEO-in-Chief, President Trump
By Alyson ShontellMay 18, 2026
19 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.