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MEXICO: Trump Says Big Negotiation Upcoming With Mexico

MEXICO
  • "TRUMP: WE HAVEN’T AGREED ON TARIFFS YET WITH MEXICO" (RTRS)
    Trump's latest comments do not appear to go against the aforementioned accords earlier in the session, and the pause of implementation until March 01. They more likely point to the working groups having not finalised what a broader trade agreement may look like. USDMXN settling back to 20.50 from 20.60 echoes this sentiment. Latest from Trump:
  • "TRUMP: WE WILL HAVE A BIG NEGOTIATION WITH MEXICO" (RTRS)
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  • "TRUMP: WE HAVEN’T AGREED ON TARIFFS YET WITH MEXICO" (RTRS)
    Trump's latest comments do not appear to go against the aforementioned accords earlier in the session, and the pause of implementation until March 01. They more likely point to the working groups having not finalised what a broader trade agreement may look like. USDMXN settling back to 20.50 from 20.60 echoes this sentiment. Latest from Trump:
  • "TRUMP: WE WILL HAVE A BIG NEGOTIATION WITH MEXICO" (RTRS)