Puerto Vallarta, Mexico - The Mexican peso experienced a volatile trading session following former U.S. President Donald Trump's renewed threats to impose additional tariffs on imports from Mexico and Canada, alongside a 10% increase on Chinese products. On Monday night, the dollar surged 2.32% against the peso, pushing the exchange rate to 20.75 pesos per dollar—the weakest level for the Mexican currency since 2022. However, by Tuesday morning, the peso showed signs of recovery, adjusting to 20.46 pesos per dollar.
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