Over the weekend, US President Donald Trump informed his social network of Petro’s decision, which sparked several US retaliation measures including the tariff threat. Consequently, the Mexican Peso, used as a proxy for other Latin American currencies, weakened in early trading on Monday.

The Mexican peso tumbled on Monday as investors worried that trade disputes would again whipsaw markets after U.S. President Donald Trump’s overnight threat to impose steep tariffs on Colombia.

Most Asian markets edged up Friday at the end of a week beset by volatility after China's DeepSeek unveiled a groundbreaking chatbot, while sentiment was dampened after Donald Trump confirmed he hit Canada and Mexico with hefty tariffs.

(MENAFN- The Rio Times) The Mexican peso strengthened against the ... pressure due to concerns surrounding U.S. President Donald Trump's tariff policies. The exchange rate settled at 20.6061 ...

Get Wall Street's Hottest Chart Every Morning The Mexican peso and Canadian dollar weakened on Tuesday after President Donald Trump pledged to impose 25% tariffs on imports from Canada and Mexico ...

NEW YORK (Reuters) - The Mexican peso tumbled on Monday as investors worried that trade disputes would again whipsaw markets after U.S. President Donald Trump’s overnight threat to impose steep ...

(MENAFN- The Rio Times) The Mexican peso retreated against the ... potential new tariff announcements from U.S. President Donald Trump. The spot exchange rate reached 20.5478 pesos per dollar.

While President Sheinbaum said a 25% tariff on Mexico's exports can still be averted, the White House insists the measure will take effect Feb. 1.

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.

President Donald Trump’s renewed pledges to slap 25% tariffs on imports from Canada and Mexico on Feb. 1 jolted foreign exchange markets late in the New York trading session, sending currencies from both countries plunging against the US dollar.

President Donald Trump’s renewed pledges to slap 25% tariffs on imports from Canada and Mexico on Feb. 1 jolted foreign exchange markets late in the New York trading session, sending currencies from both countries plunging against the US dollar.