Skip to main content

Mexico tariffs raise tensions

The direct effect of Mexico’s new tariffs on imports from the US will be moderate. But the move will make the process of renegotiating Nafta even more difficult. The peso has fallen sharply in response and, if it falls further over the coming days, Banxico will probably raise interest rates at its June policy meeting.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.