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Sheinbaum calls for ‘cool head’ as Trump sends peso tumbling

Business Mirror LogoBusiness Mirror13h ago

Sheinbaum calls for ‘cool head’ as Trump sends peso tumbling - Business Mirror

Quick Summary:

President Claudia Sheinbaum called for cool heads to prevail after Donald Trump’s vow to impose hefty tariffs sent the country’s currency tumbling on fears that Mexico will become a target of his administration.

She warned the Trump administration against interventions in her nation’s territory and pledged support for Mexican citizens who may face deportation.

Mexico will act in a humanitarian manner but also seek to repatriate foreigners to their countries of origin if the US removes them, she said.“Remain in Mexico,” the program Trump’s government said it would reinstate, required migrants to wait for their US immigration court cases in Mexican territory.


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Article Details

Author / Journalist: Maya Averbuch, Maria Elena Vizcaino & Carolina Wilson | Bloomberg

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-22 @ 10:13:33 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 942 words

Reading Time: 6 minutes read

Sentences: 27 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 25340588

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 64 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 9 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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