1/28/2017 Business Insider
During Donald Trump’s presidential campaign, the Mexican peso often tracked his poll numbers, rising when he fell and falling when he surged.
And, in keeping with that trend, in the days since he’s taken office the peso has mirrored the seeming deterioration of US-Mexican relations.
The currency’s swings haven’t taken place in a vacuum, however.
Commerce on the frontier, where businesses and consumers often stretch across the border, has started to feel the uncertainty of US-Mexico relations in the Donald Trump era.
“There are businesses that depend on the ways that the border is porous, and there are businesses that depend on the ways that the border is solid. The former are mostly in retail,” Patrick Iber, an assistant professor of history at the University of Texas at El Paso, told Business Insider.