# Trump Was Going to Kill Mexico’s Peso. It’s Doing Just Fine - Bloomberg

> The Mexican peso has rallied about 10 percent since the day before Donald Trump took office, roughly twice the gain of other major currencies. The article contrasts this recovery with the peso's sharp crash after Trump's election on anti-trade campaign rhetoric.

- Date: 2017-02-28 · published 2017-02-28T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/72712-trump-was-going-to-kill-mexico-s-peso-it-s-doing-just-fine-bloomberg
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A stronger peso lowers the peso cost of US corn and soymeal imports to Mexico, the largest buyer of US corn, which can ease pressure on US feed export demand and Gulf basis.

## Read by commodity

- CORN: neutral
- USDMXN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-12-03 | [Mexico peso edges up, but Trump trade risks loom](https://feedsoft.ai/events/73673-mexico-peso-edges-up-but-trump-trade-risks-loom.md) | +4.1% | +2.4% |
| CORN | 2017-01-30 | [Mexico peso firms to year high on U.S. trade talk optimism](https://feedsoft.ai/events/73196-mexico-peso-firms-to-year-high-on-u-s-trade-talk-optimism.md) | +2.0% | +1.2% |
| CORN | 2024-09-30 | [Mexican Peso ticks downward in wake of Powell's remarks](https://feedsoft.ai/events/28533-mexican-peso-ticks-downward-in-wake-of-powell-s-remarks.md) | +1.0% | -0.6% |
| CORN | 2017-02-22 | [‘Desperate measures’: analysts react to Mexico’s $20bn peso plan](https://feedsoft.ai/events/72714-desperate-measures-analysts-react-to-mexico-s-20bn-peso-plan.md) | -0.1% | -1.6% |
| CORN | 2025-04-04 | [‘We just haven’t seen anything like this’: Farmers brace for Trump’s trade war](https://feedsoft.ai/events/25116-we-just-haven-t-seen-anything-like-this-farmers-brace-for-trump-s-trade-war.md) | +3.4% | +2.3% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2017-02-28/trump-was-supposed-to-kill-mexico-s-peso-it-s-proving-resilient

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