USD/MXN: Mexico plans response to US tariffs
The White House confirmed a one-month exemption for autos under the USMCA (United States-Mexico-Canada Agreement), following President Trump’s 25% tariffs on Mexican imports.
The exemption has significant consequences for Mexico’s economy, with tariffs expected to add billions in costs for automakers that rely on Mexican production.
Mexican President Claudia Sheinbaum plans to discuss tariffs with Trump on Thursday, before her government announces countermeasures on Sunday.
Meanwhile, the MACD indicator initially showed a potential bullish signal as moving averages crossed upward. However, momentum appears to be fading, and the pair has yet to retest its February 3rd highs.
The exemption has significant consequences for Mexico’s economy, with tariffs expected to add billions in costs for automakers that rely on Mexican production.
Mexican President Claudia Sheinbaum plans to discuss tariffs with Trump on Thursday, before her government announces countermeasures on Sunday.
Meanwhile, the MACD indicator initially showed a potential bullish signal as moving averages crossed upward. However, momentum appears to be fading, and the pair has yet to retest its February 3rd highs.
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Economic Calendar:
blackbull.com/en/economic-calendar/?utm_source=tradingview
Free TradingView Premium:
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
blackbull.com/en/economic-calendar/?utm_source=tradingview
Free TradingView Premium:
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.