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Mexico's new president will have to deal with his USA counterpart, President Donald Trump, along with his threats to pull out of the North American Free Trade Agreement and his calls for the construction of a border wall. These are all factors that point to a stalemate, said Moshe Lander, an economist at Concordia University.

Amlo, who counts Jeremy Corbyn as a friend, is projected to win about 53 percent and his rivals have conceded. The former mayor of Mexico City began his political career as a member of the ruling Institutional Revolutionary Party (PRI).

A new president has been elected there.

Analysts with the Eurasia Group said on Monday morning that the candidate known as Amlo and his "Together We Can Do More" coalition is expected to be able to build a majority in Mexico's Chamber of Deputies and to not be far off in the Senate. U.S. President Donald Trump tweeted congratulations: "I look very much forward to working with him".

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"I have been surprised by the complacency around the win by Lopez Obrador, but there is a mindset of giving him the benefit of the doubt", Lawrence said.

After the Trump administration in May slapped hefty steel and aluminum tariffs on its allies, Mexico hit back with $3 billion worth of retaliatory levies on U.S. goods. He said contracts obtained under energy reforms passed under President Enrique Pena Nieto will be scrutinized for any corruption or illegality, but otherwise contracts will be honored. The party also scooped a range of important governorships in Mexico City, Morelos, Chiapas and Tabasco.

Lopez Obrador, 64, successfully tapped voters' anger over a seemingly never-ending series of corruption scandals and horrific violence that left a record 25,000 murders a year ago - an orgy of bloodshed fueled by the country's powerful drug cartels.

While Lopez Obrador held a commanding lead in polls, he anxious many. He is member of the National Regeneration Movement (MORENA) party.

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He even wrote a book titled Oye Trump (Listen up, Trump) in which he criticised Nieto for not representing Mexico with dignity and condemned the border wall and Mexican "passivity" in its relations with the US. He has also struck a nationalist tone on plans to boost the economy.

He also promised to sell presidential planes and turn the presidential palace into a public park while increasing the salaries of lower-paid government workers.

Amid widespread frustrations with the status quo, all of the candidates have tried to paint themselves as the agent of real change.

Opponents also include the leaders of Mexico's armed forces, with Naval Secretary Vidal Soberon warning late previous year that it would make "the state complicit in crime". Talks between the United States, Canada and Mexico to revise the 1994 North American Free Trade Agreement (NAFTA) have been hard.

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"Front-runner Andres Manuel Lopez Obrador voted early, saying 'today the people will decide between more of the same or a real change". "I wish I could have joined the crowds packed into the Zocalo last night in Mexico City to celebrate this historic moment", said Corbyn, using both English and Spanish, in a video posted on his official Facebook page. It was the biggest share of the vote in a Mexican presidential election since the early 1980s and gave him a strong mandate to address Mexico's domestic problems and face external challenges such as USA tariffs.