# Mexico peso set to slip after expiry of US tariff hike freeze

> A Reuters poll of 22 FX experts, conducted June 27 to July 2, expects the Mexican peso to weaken about 5.5% over 12 months to 19.80 per dollar from 18.72. The forecast follows a peso rally to its strongest level in almost a year, supported by relatively benign US tariff rules for Mexican exports and a weaker dollar. The expected reversal is tied to the expiry of a temporary US freeze on tariff hikes against other countries.

- Date: 2025-07-02 · published 2025-07-02T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/23980-mexico-peso-set-to-slip-after-expiry-of-us-tariff-hike-freeze
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A weakening peso would raise the dollar cost of imported feed for Mexican livestock and feed mills, a small negative for US grain and meal demand. Its effect on benchmark prices is limited.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/americas/mexico-peso-set-slip-after-expiry-us-tariff-hike-freeze-2025-07-02/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.