Puerto Vallarta, Mexico - The Mexican peso is gaining strength in international markets following a surprise move by former U.S. President Donald Trump to impose tariffs on goods from several countries—while notably excluding Mexico and Canada.
The peso was trading between 19.9670 and 20.3356 per U.S. dollar on Thursday, bolstered by investor confidence after Trump’s executive order made clear that U.S. trade partners under the United States-Mexico-Canada Agreement (USMCA) would be treated more favorably.
“The omission of Mexico and Canada is a signal that the U.S . . .
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