Mexican stocks rise 14% despite trade tensions with Trump administration

Mexican assets have remained strong this year, with the iShares MSCI Mexico ETF up 14%, outperforming the S&P 500's 6% gain. This resilience comes amid trade challenges with the Trump administration. President Claudia Sheinbaum's cooperation with the U.S. and her domestic popularity have helped keep investor confidence high. The Mexican peso has also strengthened by 4.5% against the dollar, reflecting positive market sentiment despite political tensions.