Mexico’s Leader Resists Relief for Businesses as Coronavirus Hits Economy

MEXICO CITY—Many Latin America countries are announcing hefty support packages to keep businesses afloat during the economic downturn from the coronavirus. But Mexico’s nationalist leader is giving the private sector the cold shoulder, leading to growing friction between the government and business in the U.S.’s largest trading partner.

President Andrés Manuel López Obrador has ruled out tax breaks or other kinds of help for businesses, saying those policies amount to a handout to the rich. Instead, he wants to focus the government’s…