# Mexican peso drops 1% as Trump reiterates tariff threat

> The Mexican peso fell 1% to 20.71 per dollar on January 30 after Trump reiterated threats of 25% tariffs on Mexico and Canada. Analysts say the market has not fully priced in the tariff threat.

- Date: 2025-02-01 · published 2025-02-01T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/26721-mexican-peso-drops-1-as-trump-reiterates-tariff-threat
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Tariff threats on Mexico and Canada raise risk to North American feed and grain trade flows and push the dollar higher against regional currencies.

## Read by commodity

- USDCAD: bullish ▲
- USDMXN: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/mexican-peso-drops-1-trump-reiterates-tariff-threat-2025-01-30/

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