June 3, 2019 |
US tariffs on Mexican imports will likely thin out the deal pipeline in the bond market and cause spreads to rise for Mexican issuers, LatinFinance has heard.
"We will have to see if they are applied, but obviously tariffs won't be good for the country and will have a negative impact on bonds," said an investor in New York. "Prices will continue to decline every minute they are in place."
US President Donald Trump threatened to impose tariffs on Mexican goods if the Mexican government did not
Import duties could also delay passage of a new trade agreement with Canada, Mexico and the US