47,687 million pesos left Mexico in 3 days

Trade tensions between the two powers caused widespread losses in financial markets, as investors rebalanced their portfolios and turned to safer assets. Credit: AFP

During the days of April 9, 10 and 11, when tariff threats between the United States and China intensified, an outflow of assets by foreign residents in Mexico amounting to 47,687 million pesos was recorded, according to information from the Bank of Mexico ( Banxico ).