Mexico's peso falls after Trump announces tariffs on Colombian goods
ReutersJan 26, 2025 11:35 PM
MEXICO CITY, Jan 26 (Reuters) - The Mexican peso depreciated in international trade after U.S President Donald Trump announced he would impose tariffs on Colombia, reviving concerns about his trade policy.
The MXN= currency, one of the most liquid currencies globally, was trading at 20.4630 units per dollar, down 1% compared to the London Stock Exchange Group reference price on Friday.
Tariffs on the South American country are part of a series of actions announced by the U.S. president in retaliation for Bogota's decision to reject two military planes carrying deported migrants.
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