February 3, 2025 - 05:44
Mexico’s finance chief, Rogelio Ramirez de la O, is set to hold a conference call with investors on Monday in response to the recent imposition of 25% tariffs on Mexican exports by US President Donald Trump. The announcement of these tariffs has triggered significant economic anxiety, causing the peso to plummet in the Asian market.
This move by the US administration has raised concerns about the potential impact on trade relations and economic stability in Mexico. Investors are keen to hear Ramirez de la O's insights regarding the government's strategy to mitigate the effects of these tariffs and to understand the broader implications for the Mexican economy.
The conference call is expected to address the immediate fallout from the tariffs, as well as outline the government's plans to bolster the economy and maintain investor confidence. As the situation develops, stakeholders will be closely monitoring the responses from both the Mexican government and the financial markets.
