# US dollar will get slammed if NAFTA dies, analyst Jens Nordvig says

> Exante Data CEO Jens Nordvig says the peso could lose up to another 10% if the US withdraws from Nafta. He adds that the dollar could also be hit against major currencies by US protectionism. The Canadian dollar fell 1% after a Reuters report that Canadian officials expect Trump to withdraw from Nafta.

- Date: 2018-01-10 · published 2018-01-10T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/67244-us-dollar-will-get-slammed-if-nafta-dies-analyst-jens-nordvig-says
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A peso drop would raise the cost of US-priced feed for Mexican buyers. A weaker dollar would generally support dollar-priced commodities, which would offset some of that effect.

## Read by commodity

- DXY: bearish ▼
- USDMXN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-01-20 | [Dollar tumbles as Trump team signals no immediate tariffs](https://feedsoft.ai/events/12672-dollar-tumbles-as-trump-team-signals-no-immediate-tariffs.md) | -1.1% | -1.7% |
| DXY | 2025-03-04 | [Dollar Slides as Trade-War Risk Drives Investors to Other Havens](https://feedsoft.ai/events/9709-dollar-slides-as-trade-war-risk-drives-investors-to-other-havens.md) | -1.2% | -0.8% |
| DXY | 2019-08-02 | [Yen surges after Trump trade salvo wipes out dollar rally](https://feedsoft.ai/events/57809-yen-surges-after-trump-trade-salvo-wipes-out-dollar-rally.md) | +0.4% | +1.7% |
| 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 | 2019-01-31 | [FED Send US Dollar Sharply Lower But Stock Markets And Gold Price Higher](https://feedsoft.ai/events/61005-fed-send-us-dollar-sharply-lower-but-stock-markets-and-gold-price-higher.md) | +0.1% | +0.4% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/01/10/us-dollar-will-get-slammed-if-nafta-dies-analyst-jens-nordvig-says.html

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