The dual economic shocks are profoundly affecting Mexico's development prospects. The overlapping effects of U.S. President Trump's immigration policies and the appreciation of the peso have become new challenges for the Mexican economy. As a global financial information provider, Bloomberg pointed out that these two forces are jointly weakening the inflow of funds into Mexico.

On the surface, the peso's appreciation is good news for importers—their costs for purchasing foreign goods decrease. However, the negative impacts of this currency appreciation far exceed expectations. Exporters face greater difficulties because Mexican goods priced in dollars become relatively more expensive on the international market, reducing their competitiveness. More severely, the billions of dollars in remittances flowing into Mexico each year—an essential source of income for millions of impoverished families—are now shrinking.

When the peso appreciates, each dollar remitted from the U.S. results in fewer pesos when exchanged. A worker who originally remitted $500 now receives fewer pesos for their money, directly weakening household purchasing power. At the same time, Trump’s immigration restrictions have led to a decline in the number of Mexicans working in the U.S., further reducing remittance totals. The combination of these two factors has sharply increased the economic pressure on lower- and middle-income families in Mexico.

Against the backdrop of increasing global economic uncertainty, Mexico is seeking to maintain stable growth. However, the strong peso and declining remittance inflows—these two headwinds—are testing Mexico’s economic resilience. Economists generally believe that if this situation persists, it will have a profound impact on Mexico’s medium- and long-term economic outlook.