Global financial markets experienced significant turmoil as a result of escalating trade tensions between the United States and China. The Mexican peso depreciated by 2.62% to close at 20.4650 per dollar, marking its worst performance since June amid the trade war. The Mexican Stock Exchange (BMV) also saw a sharp decline, falling 4.87% to 51,452.73 points, its most severe drop since June, following the global market collapse triggered by the tariff dispute. This downturn came after Morena's electoral victory in June. Wall Street indices plummeted nearly 6% on Friday, marking their worst day since 2020, as investors reacted to the trade war escalation. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite fell 5.50%, 5.97%, and 5.82% respectively. The week's losses were significant, with the Dow Jones down 7.86%, the S&P 500 down 9.08%, and the Nasdaq down 10.02%. Over two sessions, the US stock market lost approximately 6.6 trillion dollars. The impact of the trade war extended to the Gulf region, where stock markets also suffered substantial losses. The Saudi stock exchange, one of the world's largest by market capitalization, fell by 6.78% on Sunday, losing more than 800 points, its worst performance since the Covid-19 crisis. Shares in Saudi Aramco, a key player in the region, also declined. Other Gulf markets, including Kuwait, Qatar, and Oman, also recorded declines, reflecting the global market reaction to the US tariffs.