The Mexican peso experienced an increase in its value this Monday due to the general depreciation of the dollar against other major currencies, as President Donald Trump did not initially announce strong tariffs against nations that export products to his country. However, uncertainty remains.
During Monday morning, the exchange rate stabilized amid expectations that Trump's threat of tariffs on Canada and the United States was receding; however, during the night the president reaffirmed this measure. This created a new scenario of uncertainty in financial markets.
Amid a volatile landscape, Trump has shown his intention to expand the influence of the United States, whether by imposing tariffs or encouraging oil exploration. His ambition to boost the U.S. oil industry has generated expectations of a potential reduction in oil prices in the future.
Additionally, Trump has shared plans related to space exploration, such as the idea of establishing production bases on Mars and the Moon to exploit their mineral resources. This vision of territorial expansion raises questions about the future of the space industry and the business opportunities it could generate in the coming years.
As for the oil sector, the push to increase crude oil production in the United States through methods such as fracking could have a significant impact on global oil prices, as has been observed in the past. Competition with countries like Saudi Arabia and the economic implications of a potential increase in U.S. production are aspects to consider.
In summary, Trump's actions and decisions, more than his speeches, are creating an atmosphere of uncertainty in financial markets, both in terms of international trade and space exploration and oil production. The international community is closely watching the movements of the U.S. president and the possible repercussions that may arise globally.
