BRIEF-Fitch Says Threat, Uncertainty of U.S. Tariffs Pose Risks to Mexico

Feb 10 (Reuters) - Fitch Ratings:

• THREAT AND UNCERTAINTY OF US TARIFFS BOTH POSE RISKS TO MEXICO

• IF IMPLEMENTED, ACROSS BOARD 25% U.S. TARIFF WOULD HAVE MUCH LARGER IMPACT, LIKELY CAUSING A RECESSION IN MEXICO IN 2025

• 25% US TARIFF ON ALL MEXICAN IMPORTS HIGHLIGHTS TRADE RISKS FOR MEXICO THAT ARE SIGNIFICANTLY WORSE THAN AGENCY'S BASELINE ASSUMPTIONS

• UNCERTAINTIES OVER STATE OF U.S.-MEXICO BILATERAL RELATIONS COULD PERSIST AT LEAST UNTIL MID-2026 WHEN REVIEW OF USMCA IS SCHEDULED

Source text: ID:nFIT48Gwvj