USD/MXN Surges Above 21.00 Amid Trump’s Tariff Decision
The USD/MXN currency pair surged past 21.00 as it finished the week. Recent actions by US President Trump, particularly the imposition of tariffs on Mexican imports, have driven this change. Data from Entreprenerdly.com indicates that this surge marks a 2% increase after the announcement. Traders should closely monitor this situation as the market reacts to these new tariffs, which could shift trading strategies significantly.