Mexican Peso volatility linked to potential US tariff adjustments and labor data

The US has implemented a new broad tariff regime across 60 nations with variable 10-12.5% rates, replacing previously invalidated emergency duties. This policy includes an exemption list for over 2,000 items, generating approximately 60% of the revenue from the prior measures. Responses from affected nations are varied, with some deferring action or rejecting retaliation, while others express concerns over economic impact.