Big news about Mexico and the United States! The two countries were having a disagreement about taxes on goods they trade. This worried investors, who are people who put money into businesses.
- The US talked about adding a 25% tax on things imported from Mexico.
- Mexico's peso, which is their money, went up and down in value because of this.
- Some people think the tax disagreement will be solved soon.
Thing | Number/Fact |
---|---|
Peso's lowest value | 21.002 per dollar |
Peso's final value | 20.586 per dollar (up 0.48%) |
Possible Peso change (prediction) | 2% stronger to 4% weaker |
Even though there were some worries, Mexico's stock market (places where you can buy parts of companies) also recovered some of its losses. It all shows how much trade affects countries!