Mexican companies hold back U.S.-bound exports, hoping for tariff reversal

Open this photo in gallery: Trucks enter the U.S. from Mexico at the Pharr International Bridge, in Pharr, Tex., on March 4.Eric Gay/The Associated Press The flow of Mexican goods exported to the United States has slowed as companies anxiously hold back stock and wait to see if U.S. President Donald Trump might reverse his decision to implement 25 per cent tariffs on Mexico this week. On Tuesday, the first day of the across-the-board tariffs on Mexican goods, exports to the U.S. dropped some 40 per cent in Ciudad Juarez, a manufacturing powerhouse across from El Paso, Texas, according to…