Newly elected Mexican President Andres Manuel Lopez Obrador intends to curb immigration into the United States by economically developing his country’s northern states.
Loprez Obrador — who entered office in the beginning of December with a leftist agenda — on Monday decreed lower rates for income and value-added taxes in over 40 municipalities that border the U.S. The minimum wage within these municipalities will also be risen to 177 pesos — equivalent to $9 — beginning in 2019.
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