It seems that every time President-elect Donald Trump tweets, the Mexican peso tumbles.
Case in point, Trump sent a warning shot to automakers that if they choose to manufacture their products in Mexico, they will be subject to a hefty border tax. When automakers declared they would scrap plans to manufacturer in Mexico in favor of the United States, the Mexican peso took a tumble.
According to a Bloomberg report, Mexican currency traders have an idea on how to boost their currency: acquire Twitter Inc (NYSE: TWTR) and then shut down the service so Trump can no longer use it as....More>>>