The Mexican peso, which has resisted a drip-drip of bad news for months, finally gave way and erased all its gains this year on Friday after U.S. President Donald Trump threatened to slap tariffs on goods exported from Mexico to the United States. In a dispute over migration, Trump said he would introduce punitive tariffs on June 10 if Mexico does not halt the flow of illegal immigration from Central America, battering the currency of Latin America’s second-largest economy. The Mexican peso lost as much as 3.62% on Friday in early trading, touching its worst level so far this year before erasing some losses. It was ... (full story)