Meanwhile, investors are closely monitoring trade links between China and the United States ahead of a key meeting between the leaders of the two countries.
At around 02:05 a.m. ET, Dow futures rose 64 points, indicating a positive open of more than 76 points. Futures of S&P and Nasdaq were also seen slightly higher.announced Sunday that proposed tariffs on Mexican imports would be suspended indefinitely. Trump said in a Twitter post Sunday that he has "full confidence" that Mexico will crack down on migration from Central America, after the two neighbors reached a consensus.
"If China wants to move forward with the deal, we're prepared to move forward on the terms we've done. If China doesn't want to move forward, then President Trump is perfectly happy to move forward with tariffs to re-balance the relationship," Mnuchin told CNBC's Nancy Hungerford. Speaking to CNBC over the weekend, France's Bruno Le Maire said that a U.S.-China trade escalation would lead to an economic crisis all over the world.
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Mexico Staves Off Trump Tariffs With Last-Minute DealIn a pair of tweets late on Friday, President Trump announced that the U.S. and Mexico signed an agreement to 'indefinitely' suspend a 5% tariff on Mexican goods by lisettevoytko lisettevoytko your neews its later lisettevoytko Create a problem then solve it. A true leader. So heroic. lisettevoytko Que bueno para los dos paises
Source: Forbes - 🏆 394. / 53 Read more »
US-Mexico reach tariff deal aimed at stemming 'tide of migration,' Trump saysNEW: House speaker Nancy Pelosi on deal between the U.S. and Mexico on tariffs: 'President Trump undermined America’s preeminent leadership role in the world by recklessly threatening to impose tariffs on our close friend and neighbor to the south.' This “deal” is just an opportunity for Trump to try to save face in light of unified GOP opposition to the tariff scheme. It would have precipitated an economic calamity that even the GOP couldn’t spin. Our close friend is a Failed Narco State.
Source: ABC - 🏆 471. / 51 Read more »
Trump, Pelosi trade barbs on Mexico migration, USMCA dealsTrump on Saturday blamed Democrats after a tumultuous week for trade and the broader USMCA deal negotiations following the president's threat to impose tariffs on Mexico It’s never his fault. PassthebuckPresident What’s new? I mean seriously what’s new?
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Pelosi slams Trump on Mexico: 'Threats and temper tantrums are no way to negotiate foreign policy'Pelosi said Trump had undermined America's leadership role by 'recklessly threatening to impose tariffs on our close friend and neighbor to the south.' That's called blackmailing? Then she throws her rattle and leaves the room. Except that it worked
Source: CNBC - 🏆 12. / 72 Read more »
Pelosi on Trump-Mexico agreement: 'Threats and temper tantrums are no way to negotiate'House Speaker Nancy Pelosi slammed how President Donald Trump handled his latest trade and immigration talks with Mexico, repeating her claim that the President throws 'temper tantrums.' Chuck Shumer was right: Shumer said realDonaldTrump was bluffing.. he creates a problem mostly through bluffs, solves it by backing down, and asks to be given credit for doing so..We’ll see a whole lot of it as the 20/20 election closes in Nancy, threats and temper tantrums are the only way he knows how. He’s literally a 3 year old living in the body of a 72 year old man.
Source: CNN - 🏆 4. / 95 Read more »