The USD/MXN exchange rate has recently pulled back, ending the strong Mexican peso sell-off a few weeks ago. It retreated from this month’s high of 20.93 to the current 20.40 and is hovering near its lowest point since December 26.
Mexico's annual inflation rate slowed to its lowest level in almost four years in the first half of January, official data showed on Thursday, a price level likely to encourage the central bank to keep cutting borrowing costs.
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President Donald Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to flesh out his plans for taxing Chinese imports.
Mexico’s annual inflation dipped into the Bank of Mexico's target range in early January, it's lowest level in almost four years.
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Jim Jordan on Canada, Mexico tariff threat: Trump 'typically wins these negotiations'Ohio, comments on the looming deadline for the president's tariff threats to Canada and Mexico and reacts to the House Oversight chairman launching an investigation into sanctuary cities.
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