Franklin FTSE Mexico ETF (FLMX)

Trump announced a 25% tariff on imports from Mexico and Canada, sparking backlash. China and Mexico responded with countermeasures, escalating trade tensions.

Mexico's President has ordered a review of a bill to ban open-pit mining, citing its importance to the economy and potential impact on key resources.

Mexico's Ministry of Finance proposed raising mining royalties in 2025 budget bill, risking sector and country's economy. IMF suggests balanced approach.

MEXICAN PESO: Wednesday's trading session saw a 0.5% gain against the US dollar, as AMLO clarified that the pause in diplomatic relations is only with the Canadian and US ambassadors in Mexico.

Just past the west Texas border into Chihuahua, Mexico is one of the largest silver mines in the country. Further south, an even larger silver mine resides in Zacatecas. Mexico is by far the world’s leading producer of silver, boasting 5,600 metric tons in 2021 versus the number two producer, China, which netted 3,400 metric tons in the same year.