According to the business news resource, the idea is really more of a joke, although it does have "a certain logic to it." The discussions began this week after Mexico's Central Bank confirmed that they had spent $2 billion in reserves trying in vain to defend the peso against a stream of 'anti-Mexican' tweets by Trump, mostly having to do with the economy and the need to bring jobs and factories back to the USA.
Bloomberg has even created a handy chart showing how Trump's comments on Twitter and elsewhere impact the value of the Mexican currency.
"I would suggest they do it fast," Juan Carlos Alderete, a forex expert at the Mexican banking and financial services company Banorte Ixe, jokingly told the business news agency. "Because we can barely afford it now," he added.
For instance, earlier this month, Trump attacked General Motors on Twitter, saying that if the company sells its Mexican-made Chevy Cruze in the United States, it should pay a border tax. A few hours later, Ford canceled plans to build a $1.6 billion factory in Mexico, adding that it would invest $700 million in a Michigan-based manufacturing plant instead.
General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A.or pay big border tax!— Donald J. Trump (@realDonaldTrump) 3 января 2017 г.
Ford said last week that it will expand in Michigan and U.S. instead of building a BILLION dollar plant in Mexico. Thank you Ford & Fiat C!— Donald J. Trump (@realDonaldTrump) 9 января 2017 г.
Noting that it was unlikely that the Mexican stock traders would actually carry through with their idea, Bloomberg complained that the proposal, "even raised in jest," demonstrates "just how frustrated Mexicans are that their economy and the value of their savings are at the mercy of the seemingly random musings coming in 140-character bursts from Trump's Twitter account."