Report
Benito Berber

Mexico – The Impact of Trump’s tariffs

We believe the probability that the US will end up imposing a punitive 25% tariff on Mexico is medium to low. Imposing tariffs could disrupt US manufacturing and harm Mexico's economy. I f Trump imposes a 25% tariff, the MXN would likely depreciate to 22.90-23.40. However, if Trump says the tariff will be temporary, then the MXN would depreciate less to between 22.00 and 22.50, in our view .
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Benito Berber

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