With Widespread Support, Lopez Obrador Wins Mexico’s Presidency

Lopez Obrador is leading in the polls

Lopez Obrador's victory was expected by many to further worsen Mexico's already frosty relations with the USA, whose president, Donald Trump, has slammed the country over illegal migration and pressured it to pay for a border wall.

The brash U.S. leader has also threatened to tear up NAFTA, the two-decade-old North American Free Trade Agreement.

He will face a laundry list of challenges, including a lackluster economy and a thorny relationship with the United States under President Donald Trump, whose anti-trade, anti-immigration policies have turned diplomacy with Mexico's key trading partner into a minefield.

Mexico's Andres Manuel Lopez Obrador is on the cusp of winning the presidency after the second of his two main rivals conceded defeat ahead of official results.

"We are going to change this rotten, corrupt regime of injustices and privileges, and we are going to promote development".

Bolivia's leftist President Evo Morales tweeted: "We are sure that his government will write a new page on Latin America's dignity and sovereignty".

Andres Manuel Lopez Obrador promised "profound change" and to tackle the "evil" of corruption.

Promising to combat corruption and drive down record crime rates, Mr Lopez Obrador took 53pc of the vote, according to preliminary results - a historic victory for the MORENA party he created. In his first loss - by a mere 0.56 percent to conservative Felipe Calderon in 2006 - his supporters held months-long protests in Mexico City and he referred to himself as "the legitimate president".

Partial vote counts also showed probable gubernatorial wins for allies of Lopez Obrador's Morena party in at least four of eight state races on the ballot plus for the head of government in Mexico City.

Since Sunday, Lopez Obrador's every move has been broadcast live, with journalists and supporters forming a slow-moving convoy around the 64-year-old, who has pledged to shed various trappings of power including the presidential residence and plane, while earning half of Pena Nieto's salary. "But it has to be made clear that he has to deliver what he promises and not become like the rest", he said. In the event that President Trump continues his harmful and hurtful rhetoric and policies against Mexico and Mexicans, AMLO will have no choice but to take a strong stance.

"When a wall is built to segregate people or when the word "foreigner" is used to insult, disparage and discriminate our fellow men, humanity, intelligence and history are being insulted", said the president-elect, who will take office in December, in a speech in Los Angeles previous year explaining the need to "counteract" Trump's strategy. He's a left winger who's vowed to make his country more economically independent of the US.

Just like Trump, he's been skeptical of the North American Free Trade Agreement, the trade pact with the United States and Canada, saying it wasn't a good enough deal for Mexico.

"We are actually quite optimistic about the outcome of the election", said Paul Greer, a portfolio manager at Fidelity International.

"It's really a question of when the talks resume", Ross said. He also proposed Mexican consulates in the United States provide legal help to Mexican immigrants. This may mean that any future negotiations are unlikely to shift the focus.

Carlos Urzua, Lopez Obrador's pick to be his finance minister when he takes office on December 1, told Reuters on Monday that the new government will aim to reform the pension system and to reduce costs at Pemex during its six-year term.

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