Mexican Peso Faces Uncertainty as US Tariff Freeze Nears Expiry
As the deadline for the US tariff pause approaches, Mexico is navigating a complex landscape characterized by unpredictable relations with the United States. With forecasts indicating that the Mexican peso is likely to weaken after the expiry of the tariff hike freeze, there are concerns about a potential reversal of the recent rally in the currency. In response, Mexico is exploring trade opportunities with other nations to mitigate the impact of looming tariffs and secure its economic stability.
The New York Times, Reuters, CGTN America, TradingView, MSN, Kalkine Media