Comments by Mexico's foreign minister, Marcelo Ebrard

  • To meet with US' Lighthizer later today
  • Mexico is finishing preparatory work for US talks currently
  • Sees 80% odds of negotiating resolution for Mexico, US

If they do achieve some form of compromise, that'll do markets a load of good and will reaffirm the early sentiment we're seeing so far today. As mentioned before, there's reason to believe that Trump's tariffs threat will only stay a threat but when you look over to the trade war with China, it's never best to assume that bygones will be bygones.