Tag: tariffs
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Mexico Awaits Trump’s Call on Potential Tariffs
On February 3, 2025, Mexican President Claudia Sheinbaum, speaking from the national palace in Mexico City, addressed the ongoing trade tension between Mexico and the United States. As her administration eagerly anticipates President Donald Trump’s decision regarding possible 25% tariffs on Mexican goods, Sheinbaum remains hopeful for dialogue. Remaining in close contact with U.S. officials,…
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Philippine Stock Market Dips Below 6,000 Again Amid Trump Tariffs, Peso Nears Weakening
In Manila, the local stock market took another hit, falling below the 6,000 threshold once more, as investors grappled with the implications of new tariffs announced by U.S. President Donald Trump. The Philippine Stock Exchange index (PSEi) dropped by 0.82 percent to close at 5,987.75, while the broader All Shares index also declined by 0.28…
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Philippine Stock Market Declines Following Trump’s Tariff Announcements; Peso Remains Stable
The Philippine Stock Exchange index (PSEi) experienced a downturn on Monday, influenced by U.S. President Donald Trump’s recent declarations of new tariffs on steel and aluminum imports. The PSEi fell by 1.91 percent, closing at 6,037.12, while the All Shares index also dropped by 1.27 percent to 3,617.27. Amidst the general decline, the Mining and…
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