# Dollar lower after U.S. tariffs on Mexico paused for a month

> The dollar fell on Monday after Trump paused new tariffs on Mexico for a month. The peso rose 1.25% to 20.4196 per dollar after earlier hitting a near three-year low of 21.2882.

- Date: 2025-02-02 · published 2025-02-02T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/26268-dollar-lower-after-u-s-tariffs-on-mexico-paused-for-a-month
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A tariff pause supports the peso and Mexican import purchasing power, modestly supportive of US feed grain and meal exports to Mexico.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-02-04 | [US dollar edges lower as China tariffs kick in](https://feedsoft.ai/events/26336-us-dollar-edges-lower-as-china-tariffs-kick-in.md) | -0.4% | -0.9% |
| DXY | 2019-05-31 | [Forex Market: US tariffs on Mexico, US-China trade war in focus](https://feedsoft.ai/events/59301-forex-market-us-tariffs-on-mexico-us-china-trade-war-in-focus.md) | -0.4% | -1.5% |
| DXY | 2019-08-01 | [Dollar falls against yen after Trump whacks China with more tariffs \| Reuters](https://feedsoft.ai/events/57813-dollar-falls-against-yen-after-trump-whacks-china-with-more-tariffs-reuters.md) | +1.1% | +2.1% |
| DXY | 2026-02-20 | [Dollar dips after Supreme Court rules against Trump's tariffs \| Reuters](https://feedsoft.ai/events/20833-dollar-dips-after-supreme-court-rules-against-trump-s-tariffs-reuters.md) | -0.3% | +1.6% |
| DXY | 2025-04-09 | [Trading Day: Boom! Trump tariff pause sparks monster rally](https://feedsoft.ai/events/8769-trading-day-boom-trump-tariff-pause-sparks-monster-rally.md) | -2.4% | -3.8% |
| CORN | 2025-12-10 | [Terrain \| Mexico: A Long-Run Export Engine for U.S. Grains](https://feedsoft.ai/events/21480-terrain-mexico-a-long-run-export-engine-for-u-s-grains.md) | -1.2% | -0.5% |
| CORN | 2019-06-08 | [Trump calls off tariffs after Mexico vows to tighten borders](https://feedsoft.ai/events/58813-trump-calls-off-tariffs-after-mexico-vows-to-tighten-borders.md) | +5.9% | +4.8% |
| CORN | 2018-02-15 | [Sorghum takes hit as China retaliates for tariffs on solar panels](https://feedsoft.ai/events/66548-sorghum-takes-hit-as-china-retaliates-for-tariffs-on-solar-panels.md) | -0.2% | +4.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/yuan-hits-record-low-mexican-peso-canadian-dollar-tumble-trump-tariffs-2025-02-02/

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