Trump Gives Mexico 90-Day Reprieve from Tariffs
Bloomberg Televisionยท2025-07-31 19:18
Trade Negotiations & US-Mexico Relations - An extension was granted, fostering goodwill, with potential for real progress in the next 90 days [1] - President Sheinbaum is addressing security matters, a key priority for President Trump, and potential investments in the US by Mexican companies [2] - Trade negotiations have been ongoing in Washington for several weeks [2] - Momentum exists, suggesting a potential agreement within the next three months [3] Currency & Trade Deficit - The Peso has weakened since April but has been strengthening recently [3] - A stronger Peso presents a challenge by potentially increasing the trade deficit [4]