Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico says won’t pay for Trump wall, no action yet to ease peso plunge

As Trump forged toward victory, the peso plunged 13 percent in its biggest fall in 22 years. It then pared losses to trade down 8.9 percent at 19.95 per dollar.

Trump's threats to rip up a free trade agreement with Mexico and to tax money sent home by migrants to pay for building a wall on the southern U.S. border have made the peso particularly vulnerable to events in the race for the White House.

"Very hard times are coming to Mexico," said analyst Gabriela Siller of Mexican bank BASE.

Ratings agency Fitch said Trump's . . .

Read Full Story

Related Posts

Why Mexico Rejected a Major Cruise Tourism Project in Quintana Roo

Why Mexico Rejected a Major Cruise Tourism Project in Quintana Roo

Mexico rejected Royal Caribbean’s Mahahual project after environmental review and public opposition raised questions about...
Mexico Firms Push Queer Friendly Policies Past Pride

Mexico Firms Push Queer Friendly Policies Past Pride

Companies in Mexico face scrutiny over whether Pride messaging matches workplace safety policies for LGBTQ+...
U.S. Sanctions Hit Sinaloa Network and Chihuahua Firms

U.S. Sanctions Hit Sinaloa Network and Chihuahua Firms

U.S. sanctions targeted alleged Sinaloa cartel-linked networks, including a Chihuahua restaurant and security firm tied...
Mexico Air Arrivals Fall as U.S. Travel Weakens in March

Mexico Air Arrivals Fall as U.S. Travel Weakens in March

Foreign air arrivals to Mexico fell 8.1% in March 2026, with U.S. demand and late-February...