Mexico’s peso falls after Trump announces tariffs on Colombian goods

MEXICO CITY (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 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 (LON:LSEG) 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.

This post is originally published on INVESTING.

  • Related Posts

    Oil falls after Trump reverses Colombia sanctions threat

    By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

    Dollar gains on tariffs fears; euro looks to ECB meeting

    Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    What Is the Difference Between Bid Price and Offer Price in Forex?

    • August 8, 2025
    What Is the Difference Between Bid Price and Offer Price in Forex?

    EC Markets Opens Mexico City Office After Launching in Cyprus and Mauritius

    • August 8, 2025
    EC Markets Opens Mexico City Office After Launching in Cyprus and Mauritius

    What Is Loss Aversion in Forex and Why It Hurts Performance?

    • August 8, 2025
    What Is Loss Aversion in Forex and Why It Hurts Performance?

    What Is Position Bias in Trading and How to Avoid It?

    • August 8, 2025
    What Is Position Bias in Trading and How to Avoid It?