Trump, Mexico and European Union
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Betting on Mexico’s currency has paid off for investors even amid Donald Trump’s trade war.The peso is up more than 11% this year, beating all regional peers, even as it dipped Monday following the latest tariff news — a threat of a 30% levy announced over the weekend.
President Donald Trump posted letters to the leaders of Mexico and the European Union, saying they had not done enough to head off the new tariffs.
The USDA had previously reopened certain ports, such as Douglas, Arizona, after Mexico's efforts to control the screwworm pest.
The pause on the biggest of Trump's tariffs won't end this week, as planned, but the problems they present still loom large.
When it comes to the U.S. president, the vast majority of Mexican adults (91%) say they have little to no confidence in Trump to do the right thing regarding world affairs. By comparison, a smaller majority of Mexicans (60%) expressed little or no confidence in Biden in 2024.
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US President Donald Trump said he has settled on another tariff deal - this time with Indonesia. Trump said he had agreed to lower tariffs he had threatened on goods entering the US from Indonesia country to 19%,