Trade agreements

U.S. banks brace for possible trade war with Mexico

03/22/17

Community banks, which could be the hardest hit if economic tensions between the U.S. and Mexico escalate into a tariff battle, are urging policymakers to refrain from rash action, and big banks are already trimming exposures.

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Trump's anti-Mexico policies threaten Citibanamex, revive divestiture talk

02/03/17

The president’s vow to impose a 20% tax on Mexican imports could make life harder for the Citigroup-owned unit, which is Mexico’s second-largest bank.

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Bankers grapple with Trump's 'America First' trade agenda

02/01/17

Bank CEOs have recently raised red flags about the president's protectionist rhetoric, including his proposals to tax imports from China and Mexico. The concerns have arisen as import-export financing is already facing headwinds.

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