US-Mexico Trade Deal Shift Threatens Silver Supply Stability
The US declined to renew the long-term trade agreement with Mexico, which produces about a fifth of the world's silver. The deal now faces annual reviews instead of a 16-year lock-in, creating supply uncertainty.
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The United States has declined to renew the trade deal covering Mexico, the world's second-largest silver producer. Mexico accounts for roughly a fifth of global silver output.
Instead of being locked in for another 16 years, the pact will now be subject to annual reviews. This shift introduces periodic uncertainty for silver supply chains and trade flows.
The decision removes the previous long-term stability, potentially affecting pricing and logistics for a key industrial and investment metal.
Source: FXStreet Forex News