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Mexican peso drops 1% as Trump reiterates tariff threat

The Mexican peso fell 1% against the dollar in a volatile session on Thursday after U.S. President Donald Trump reiterated his threat to impose 25% tariffs on Mexico and Canada, two of its top trade partners.

Mexican Peso tumbles amid renewed fears over Trump policies

Over the weekend, US President Donald Trump informed his social network of Petro’s decision, which sparked several US retaliation measures including the tariff threat. Consequently, the Mexican Peso, used as a proxy for other Latin American currencies, weakened in early trading on Monday.

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Trump Tariff Vow Heaps Pressure on Canada, Mexico, China FX

President Donald Trump’s renewed pledges to slap 25% tariffs on imports from Canada and Mexico on Feb. 1 jolted foreign exchange markets late in the New York trading session, sending currencies from both countries plunging against the US dollar.

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What We Know And Don’t Know About U.S. Tariffs On Canada And Mexico

On February 1, 2025, the United States is set to impose tariffs on imports from Canada and Mexico. There are still too many ...

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Mexican Peso rallies despite Banxico’s Heath dovish remarks

Banxico's Deputy Governor Heath suggests a dovish inflation stance, manageable without excessive tightening.

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Asian markets mostly rise but worries over tariffs, AI linger,

Most Asian markets edged up Friday at the end of a week beset by volatility after China's DeepSeek unveiled a groundbreaking ...

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