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From the Tequila crisis in 1994 to the global financial meltdown in 2008, Mexico’s banking system is no stranger to turmoil. Now it faces this decade’s first big stress test: newly inaugurated US president Donald Trump.
On the campaign trail, Trump’s antagonistic rhetoric about Mexico – from threatening to tear up the North American Free Trade Agreement (Nafta), to pressuring US companies to scale back investment south of the border – left many Mexicans nervous about how a shift in relations with the US might cool the country’s already tepid economic growth.
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