Fitch: Mexican Suppliers Will Likely Pass Along Incremental Costs of Tariffs to Oem Customers, Who Will Raise Prices to Compensate

Fitch: Continued Currency Depreciation Would Have More Idiosyncratic Effects for Mexican Corporates

Fitch: Diversified Industrials and Autos Sectors in Mexico Will Be More Directly Affected by New 25% U.S. Tariffs Imposed on Mexican Goods