In a bid to reduce migration to the U.S. and attract investment, Mexican President Andres Manuel Lopez Obrador has proposed the creation of economic “free zones” along the U.S.-Mexico border. CLICK HERE TO GET THE FOX NEWS APP“It’s going to be the biggest free zone in the world,” Lopez Obrador said. MEXICO DOUBLES MINIMUM WAGE IN NORTHERN BORDER ZONESProponents of the president's "free zone" plan believe it would reduce the incentive for Mexicans to migrate to the U.S. and increase competition among local businesses. But others fear that Mexican companies, attracted by low taxes, might move to the free zone and create an overall loss of tax revenue for the country as a whole. — Najla Wehbe DippNajla Wehbe Dipp, a former Tijuana city councilmember cited in the report, said doubling the minimum wage is a double-edged sword.

Source: Fox News January 01, 2019 10:41 UTC