Moody's Analytics Alfredo Coutiño said in a report that Mexico relies on the US for more than 80% of exports and 40% of its investments, which makes the Mexican economy vulnerable to Trump's policies, particularly in terms of trade tariffs and immigration. “The economy faces declining trade, investment and remittances, and the financial sector will be impacted by risk aversion and volatility,” he said. Moody's Analytics lowered Mexico's 2025 GDP growth forecast from 1% to 0.6%, adding: “The depreciation of the peso will mitigate the impact on exports, and Mexico's GDP will rebound slightly to 1.6% in 2026.”

Moody's Analytics Alfredo Coutiño said in a report that Mexico relies on the US for more than 80% of exports and 40% of its investments, which makes the Mexican economy vulnerable to Trump's policies, particularly in terms of trade tariffs and immigration. “The economy faces declining trade, investment and remittances, and the financial sector will be impacted by risk aversion and volatility,” he said. Moody's Analytics lowered Mexico's 2025 GDP growth forecast from 1% to 0.6%, adding: “The depreciation of the peso will mitigate the impact on exports, and Mexico's GDP will rebound slightly to 1.6% in 2026.”