Mexico Prepares to Retaliate Against Trump’s Tariffs. Forecast as of 22.01.2025

Donald Trump is threatening his neighbors, Mexico and Canada, with tariffs starting February 1. Will they be imposed, or is this part of his negotiating strategy? Let's discuss this topic and make a trading plan for the USDMXN pair.Major Takeaways Tariffs against Mexico and Canada will accelerate US inflation. Retaliation by Mexico City and Ottawa will slow the US economy. The peso will be under pressure until February 1. Traders are switching from buying the USDMXN pair on rumors with targets a