Peso drops 1% as AI slowdown calls rattle markets; Trump pushes back

The Mexican peso weakened nearly 1% amid market concerns over calls to slow AI development, which could hit tech-heavy equities and risk sentiment. President Trump publicly opposed such calls, framing them as a campaign against the technology, but the currency move reflects investor anxiety over potential regulatory or technological disruption. The peso's sensitivity suggests broader risk-off flows in emerging markets, though the direct link to AI policy remains speculative.