Mexico is taking Trump seriously now
Mexico's new foreign minister is a government official who resigned after helping to arrange Trump's visit to the country last year. Trump in return had praised Luis Videgaray as a "wonderful man."
Why it matters
: Mexicans were outraged when Videgaray helped bring Trump to Mexico and forced him out of the government. Now their currency is getting hammered, NAFTA might be blown up and U.S. companies are competing for the affections of the president-elect by canceling plans to invest in Mexico. Videgaray is back.