# Mexico vows retaliation as Trump trade war erupts

> Mexico's peso and main stock index weakened on March 4 as the peso fell about 0.6% against the dollar. President Sheinbaum said Mexico would respond to new US tariffs, with the automotive industry facing the most problems.

- Date: 2025-03-04 · published 2025-03-04T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/25800-mexico-vows-retaliation-as-trump-trade-war-erupts
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Retaliation threats raise the risk of further trade disruption to US farm exports into Mexico, a major buyer of corn and other feed ingredients.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- USDMXN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-01-25 | [Trade Retaliation Threatened in USMCA Dispute with Mexico \| Sandler, Travis & Rosenberg, P.A.](https://feedsoft.ai/events/37746-trade-retaliation-threatened-in-usmca-dispute-with-mexico-sandler-travis-and.md) | -0.2% | +0.4% |
| CORN | 2019-05-31 | [Trump vows rapid, high tariffs on Mexico unless illegal immigration ends](https://feedsoft.ai/events/59298-trump-vows-rapid-high-tariffs-on-mexico-unless-illegal-immigration-ends.md) | -2.5% | +3.0% |
| CORN | 2017-04-04 | [US grain farmers go to Mexico to assure buyers vexed by trade relation](https://feedsoft.ai/events/71459-us-grain-farmers-go-to-mexico-to-assure-buyers-vexed-by-trade-relation.md) | -0.2% | +0.2% |
| CORN | 2017-11-07 | [Don’t Bet the Farm or the (GOP) House on a Trade War with Mexico](https://feedsoft.ai/events/67964-don-t-bet-the-farm-or-the-gop-house-on-a-trade-war-with-mexico.md) | -1.0% | -0.6% |
| CORN | 2023-07-27 | [Mexico: An Important Trade Destination for U.S. Corn](https://feedsoft.ai/events/35018-mexico-an-important-trade-destination-for-u-s-corn.md) | -13.2% | -14.2% |
| SBM | 2017-11-07 | [Don’t Bet the Farm or the (GOP) House on a Trade War with Mexico](https://feedsoft.ai/events/67964-don-t-bet-the-farm-or-the-gop-house-on-a-trade-war-with-mexico.md) | -1.5% | +8.0% |
| SBM | 2019-05-13 | [Chinas Trade Retaliation Has USDCNH Bulls Eyeing DecadePlus Highs Near 700](https://feedsoft.ai/events/8443-chinas-trade-retaliation-has-usdcnh-bulls-eyeing-decadeplus-highs-near-700.md) | +3.6% | +10.3% |
| SBM | 2018-05-31 | [Trump administration will put steel and aluminum tariffs on Canada, Mexico and the EU](https://feedsoft.ai/events/65224-trump-administration-will-put-steel-and-aluminum-tariffs-on-canada-mexico-and.md) | -3.2% | -11.4% |

## Sources

- reuters.com: https://www.reuters.com/world/us/mexico-president-condemns-us-tariffs-promises-retaliation-2025-03-04/

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