(250305) -- MEXICO CITY, March 5, 2025 (Xinhua) -- People walk past a sign displaying the dollar exchange rate at a bank branch in Mexico City, Mexico, on March 4, 2025. The 25-percent U.S. tariffs, which took effect at midnight between Monday and Tuesday, have already impacted Mexico's financial markets. The Mexican peso depreciated nearly 1 percent on Tuesday, reaching 20.90 per U.S. dollar in interbank trading. Analysts attribute the decline to concerns over escalating trade tensions, warning that further U.S. tariff hikes could follow. (Photo by Francisco Canedo/Xinhua)