News

Mexico’s Obrador sees diminished threat of US tariffs after effort to curb migration - Reuters

Speaking about the US-Mexico trade issue on Wednesday, the Mexican Andres Manuel López Obrador said that the US threat of tariffs on Mexican goods had diminished after his top envoy met President Trump and other US officials to assess progress on reducing migration, per Reuters.

Obrador added that the meetings had a softer tone than in June, when Mexico agreed to tougher measures to curb migration in exchange for averting US tariffs on Mexican exports, and to review progress in 90 days.

USD/MXN is seen making recovery attempts from just under 19.50 levels, as the Mexican Peso flirts with monthly highs amid US-Mexico trade hopes.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.