Ignore the tariff chimera

Ignore the tariff chimera

I was recently asked by two large companies with manufacturing operations in Mexico whether I thought that Mexico would be the victim of the United States’ “beggar thy neighbor” protectionism. Everyone seems to be playing a game of “will he, or won’t he,” which plays perfectly into a strategy that seeks to inject uncertainty into the trade relationship. Keeping everyone guessing increases the cost of doing business with Mexico (and Canada and Ch…

Mexican peso weakens after Trump sets deadline for tariffs

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Colombian Peso Fluctuates as Trump's Trade Policies Take Shape

The Colombian peso experienced notable volatility following President Donald Trump’s inauguration. The currency closed at COP4,317.00 against the US dollar, down COP27.27 from the previous day’s rate of COP4,344.27. Trump’s mixed messages on trade policy sparked market uncertainty, particularly his comments about potential 25% tariffs on Canada and Mexico. This rhetoric raised concerns about similar […]

Trump's Pledge to Slap 25% Tariffs on Mexico Sinks Peso

(Bloomberg) — The Mexican peso tumbled after President Donald Trump vowed to impose stiff tariffs, reigniting fears among traders that the nation will become a target over the next four years.

Mexican truck drivers on the Tijuana border expressed fear this Wednesday of the consequences of the tariffs announced by U.S. President Donald Trump, although they believe that that country’s dependence on numerous Mexican commodities could slow down the protectionist measure. AFP “They will hurt us too much,” said Silvano Lara, 65, on the tariffs that Washington will impose on Mexico and Canada as of February 1, while waiting in a long line of…

Tijuana, Mexico.- Mexican truck drivers on the Tijuana border expressed fear this Wednesday of the consequences of the tariffs announced by U.S. President Donald Trump, although they believe that that country's dependence on numerous Mexican commodities could curb the protectionist measure. "They will hurt us too much," said Silvano Lara, 65, on the tariffs that Washington will impose on Mexico and Canada as of February 1, while waiting in a lon…