
As a result of the introduction of tariffs on imports imposed by the United States, Mexican corn fell more than 2% to three-year minimum against the dollar on Monday. The stated tariffs constitute 25% on almost all Mexican imported products, as well as additional 10% on goods from China, starting from secondary products. Additionally, the Canadian dollar fell to a 22-year minimum and stood at 1.4792 against the dollar after the introduction of U.S. tariffs on imports from Mexico and Canada, which led to a trade war escalation and shook financial markets. **As reported, the President of Mexico Claudia Sheinbaum indicated the introduction of tariffs.**