# Mexican Peso plunges as Trump confirms March tariffs, Peso faces weekly losses

> The Mexican peso fell after Trump confirmed tariffs on Mexican goods set for March, with the peso facing weekly losses. The page also carries unrelated market ticker and popular-article content.

- Date: 2025-02-28 · published 2025-02-28T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/26262-mexican-peso-plunges-as-trump-confirms-march-tariffs-peso-faces-weekly-losses
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Confirmed March tariffs on Mexico raise the risk of disrupted US-Mexico feed grain and meat trade and a weaker peso that reduces Mexican import purchasing power, pressuring US corn and meal demand.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-05-31 | [Peso plunges vs the US dollar after Trump announces Mexican import tariffs](https://feedsoft.ai/events/59297-peso-plunges-vs-the-us-dollar-after-trump-announces-mexican-import-tariffs.md) | -2.5% | +3.0% |
| CORN | 2019-05-31 | [Mexican peso erases all its 2019 gains after Trump tariff threat](https://feedsoft.ai/events/59300-mexican-peso-erases-all-its-2019-gains-after-trump-tariff-threat.md) | -2.5% | +3.0% |
| CORN | 2019-03-06 | [Mexican farmers urge 'mirror' tariffs on Trump's rural base](https://feedsoft.ai/events/60064-mexican-farmers-urge-mirror-tariffs-on-trump-s-rural-base.md) | -1.7% | -1.5% |
| CORN | 2019-05-31 | [Mexican Tariffs Pose Threat for Texas Corn Farmers - Texas Corn Producers](https://feedsoft.ai/events/59072-mexican-tariffs-pose-threat-for-texas-corn-farmers-texas-corn-producers.md) | -2.5% | +3.0% |
| CORN | 2019-11-20 | [EMERGING MARKETS-Mexican peso leads losses in Latam FX on U.S.-China trade standoff](https://feedsoft.ai/events/56277-emerging-markets-mexican-peso-leads-losses-in-latam-fx-on-u-s-china-trade.md) | -0.2% | +1.6% |
| HOGS | 2018-07-06 | [New Chinese Tariffs Mean Lower Prices For Wisconsin Farmers - WPR](https://feedsoft.ai/events/4970-new-chinese-tariffs-mean-lower-prices-for-wisconsin-farmers-wpr.md) | -2.7% | -22.4% |
| HOGS | 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) | +2.2% | +9.8% |
| HOGS | 2025-02-27 | [Hogs Posting Losses on Tariff Concerns](https://feedsoft.ai/events/10623-hogs-posting-losses-on-tariff-concerns.md) | -1.7% | -0.4% |

## Sources

- mitrade.com: https://www.mitrade.com/insights/news/live-news/article-1-668798-20250301

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