Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.

Just 13 days from Inauguration Day, President-elect Trump says he plans to rename the Gulf of Mexico as the "Gulf of America."

“The Texas economy is deeply connected with Mexico in particular, and also with Canada,” he said. “A lot of the business that Texas does with Canada, of course, comes through the oil side of things, where we import crude oil from Canada and refine it on the Gulf Coast.

The Mexican government is working hard to break up migrant caravans trying to make the treacherous journey north to the U.S. ahead of President-elect Trump’s inauguration in less than two weeks' time.