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USD/MXN remains below 19.00 as Trump grants Mexico 90-day reprieve from 30% tariff hike
However, the United States would continue to levy a 50% tariff on Mexican steel, aluminum, and copper. A 25% tariff will remain on Mexican autos and non-USMCA-compliant goods not compliant with the USMCA. These tariffs are tied to measures related to the US fentanyl crisis.
Washington | President Donald Trump extended Mexico’s current tariff rates for 90 days to allow more time for trade ...
Mexico and Canada tariffs would also “put upward pressure on food prices,” according to PIIE economists. The nations are “important sources” of vegetables, accounting for 47% of total U.S ...
During the past 15 years, trade in goods between the US and Mexico has more than doubled, strengthening Mexico’s position as one of the US’s leading trading partners. The US now conducts more ...
The peso is forecast to fall by a moderate 5.5% over the next 12 months to 19.80 per dollar from 18.72 on Tuesday, according to the median estimate of 22 FX experts polled June 27-July 2.
MEXICO CITY (Reuters) -Becle, the world's largest tequila producer, posted a fourfold rise in second-quarter profit on Wednesday, bolstered by foreign currency exchange gains even as thirst for its ...
And it indicates that the fallout from Trump’s tariffs is starting to push up prices for American consumers, even before his ...
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