The euro briefly hit a three-week low on Monday before partially recovering, while the dollar gained marginally after U.S. President Donald Trump threatened to impose a 30% tariff on imports from two of the largest U.

President Donald Trump posted letters to the leaders of Mexico and the European Union, saying they had not done enough to head off the new tariffs.

President Donald Trump has posted two new letters on his social media platform announcing tariffs on the European Union and Mexico.

The USDA had previously reopened certain ports, such as Douglas, Arizona, after Mexico's efforts to control the screwworm pest.

The pause on the biggest of Trump's tariffs won't end this week, as planned, but the problems they present still loom large.

When it comes to the U.S. president, the vast majority of Mexican adults (91%) say they have little to no confidence in Trump to do the right thing regarding world affairs. By comparison, a smaller majority of Mexicans (60%) expressed little or no confidence in Biden in 2024.