Ronald Reagan realized that a half-day summit with Mexican President Miguel de la Madrid last week could not begin to resolve differences between their two countries. So he used his four-hour stopover in Mexicali to drive home U.S. concern over Mexico's $96 billion foreign debt. The U.S. has been urging Mexico to cut government spending and increase private investment. De la Madrid told Reagan that Mexico was making "increasingly strenuous efforts," but was hampered by factors like the dropping world price of oil. The Mexican President seemed close to endorsing a plan by U.S. Treasury Secretary James Baker...
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