US recession hammers Mexico

Secretary of State Hillary Clinton is in Mexico ahead of next month's planned visit by President Barack Obama. Topping the agenda are the issues of drug cartel violence and a trade dispute over the cancellation of a pilot program to allow Mexican truckers to operate inside the US. The sharp downturn of the Mexican economy is also a likely topic of conversation. The US recession has affected Mexico with tens of thousands of job losses in the manufacturing sector and the Mexican peso has lost 40 percent of its value against the dollar in the past 5 months. President Calderón put together a stimulus package to help Mexico weather the economic crisis. But critics say it won’t be enough. Tanya Snyder has the story.

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