Make Kitco Your Homepage

Mexico markets gain on report Mexico to escape Trump tariffs

Kitco News

MEXICO CITY, March 8 (Reuters) - Mexican stocks rose and the peso currency hit an over one-week high on Thursday after the Associated Press reported that Mexico and Canada would be excluded from U.S. tariffs on steel and aluminum imports.

The benchmark S&P/BMV IPC stock index was up 1.17 percent while the peso gained more than 0.4 percent to trade at 18.6295 per dollar, its strongest since Feb. 26, before U.S. President Donald Trump announced his tariff plan. (Reporting by Miguel Gutierrez)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Precious Metal Charts

Follow Kitco News

2018 1/4 oz Silver Coin - Birthstone