Mexican president to pitch anti-inflation plan on Biden visit

Mexican President Andres Manuel Lopez Obrador said on Friday he will propose to his U.S. counterpart Joe Biden that they craft a joint anti-inflationary plan to tackle a surge in prices during a visit to Washington next month.

Lopez Obrador is expected to visit Biden in the second half of next month after he opted not to attend a U.S.-hosted regional summit in Los Angeles earlier this month. The Mexican president has taken steps aimed at keeping down the price of household staples like foodstuffs and fuels as inflation in his country hits its highest levels in years.