# LatAm fears US rate hike after Trump victory | Global Trade Review (GTR)

> Most Latin American currencies fell after Donald Trump won the US presidency on November 9, with the Mexican peso hit hardest, down about 14 percent against the dollar. Fears centred on possible renegotiation of NAFTA and limits on Mexican imports, while analysts expect Fed policy changes to tighten conditions.

- Date: 2016-11-18 · published 2016-11-18T12:00:00.000Z
- Category: policy · region Latin America · magnitude medium
- Page: https://feedsoft.ai/events/74118-latam-fears-us-rate-hike-after-trump-victory-global-trade-review-gtr
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [Corn](https://feedsoft.ai/c/CORN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Currency weakness in Mexico and across Latin America raises the cost of imported feed ingredients, and possible NAFTA changes could alter US-Mexico feed and grain trade flows.

## Read by commodity

- DXY: bullish ▲
- CORN: neutral
- USDMXN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-10-06 | [Trump bailout for trade-hit US farmers expected this week \| Reuters](https://feedsoft.ai/events/22378-trump-bailout-for-trade-hit-us-farmers-expected-this-week-reuters.md) | -0.1% | +1.7% |
| CORN | 2020-02-01 | [Trump Budget Seeks Higher User Fees on Barge Operators](https://feedsoft.ai/events/54765-trump-budget-seeks-higher-user-fees-on-barge-operators.md) | -0.2% | -3.1% |
| CORN | 2020-12-01 | [Farmers Have Received $7.7B in Trade Aid to Date \| Feed & Grain](https://feedsoft.ai/events/49635-farmers-have-received-7-7b-in-trade-aid-to-date-feed-and-grain.md) | -0.4% | +1.4% |
| CORN | 2021-02-08 | [Anatomy of a flop: Why Trump's US-China phase one trade deal fell short \| PIIE](https://feedsoft.ai/events/48475-anatomy-of-a-flop-why-trump-s-us-china-phase-one-trade-deal-fell-short-piie.md) | -2.3% | -2.3% |
| CORN | 2025-10-01 | [Trump says he'll use tariff revenue to bail out farmers](https://feedsoft.ai/events/22849-trump-says-he-ll-use-tariff-revenue-to-bail-out-farmers.md) | +1.4% | +2.3% |
| DXY | 2022-04-06 | [Oil slumps to three-week low after Fed minutes, big IEA reserve release announcement \| Reuters](https://feedsoft.ai/events/41761-oil-slumps-to-three-week-low-after-fed-minutes-big-iea-reserve-release.md) | +0.6% | +3.4% |
| DXY | 2024-11-12 | [U.S. grains: Soybeans plunge with Trump EPA pick; wheat and corn also fall - AgCanada](https://feedsoft.ai/events/12340-u-s-grains-soybeans-plunge-with-trump-epa-pick-wheat-and-corn-also-fall-agcanada.md) | +0.8% | +1.1% |
| DXY | 2017-01-08 | [Trader who bet on gradual yuan drop now sees steeper fall - Gulf Times](https://feedsoft.ai/events/10772-trader-who-bet-on-gradual-yuan-drop-now-sees-steeper-fall-gulf-times.md) | -0.3% | -1.6% |

## Sources

- gtreview.com: https://www.gtreview.com/news/americas/latam-fears-us-rate-hike-after-trump-victory/

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