Peso unnerved by Trump tariff threat; Sheinbaum claims no caravans advanced

The Mexican peso weakened as President-elect Trump's renewed tariff threats stoked market anxiety. President Sheinbaum countered by asserting that no migrant caravan has advanced through Mexico under her administration, signaling a defensive stance on migration to mitigate tariff risks. The peso's reaction reflects market sensitivity to potential US trade actions, with uncertainty over the actual implementation of tariffs.

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