The Mexican peso continued to decline, reaching a rate of 19.85 per US dollar, after the US administration announced the introduction of new tariffs on Mexican goods. This decision has heightened concerns about the future economic relations between the two countries.
The new tariffs imposed by the US are aimed at reducing the trade deficit and supporting domestic producers. However, experts warn that such measures could negatively impact Mexico's economy, given its dependence on exports to the US.
Investors are closely monitoring the situation, as further escalation of trade tensions could lead to additional weakening of the peso and negatively affect the financial markets of both countries.
In response to the US actions, the Mexican government has announced its intention to take retaliatory measures to protect its economic interests. However, the details of these measures have not yet been disclosed.
Financial analysts recommend that investors exercise caution when dealing with the Mexican currency and consider the potential risks associated with the current US trade policy.