U.S. President Donald Trump announced Sunday that proposed tariffs on Mexican imports would be suspended indefinitely.
Donald Trump
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. The New York Times reported Saturday that the deal to avert tariffs largely comprised actions Mexico had already agreed to take.
Meanwhile, investors will be watching trade developments between the U.S. and China ahead of a key meeting between the leaders of the two countries. Speaking to CNBC on Sunday, U.S. Treasury Secretary Steven Mnuchin said President Trump will decide about further Chinese tariffs after he meets his Chinese counterpart later this month.
Outside of trade war, investors continue to remain worried about weak data from the U.S. Data on Friday showed, the U.S. economy added 75,000 jobs in May, marking the second time in four months that jobs growth totaled less than 100,000. Economists polled by Dow Jones expected an increase of 180,000 jobs. Wage growth also slowed.
Meanwhile, on the data front, there will be a job openings report and consumer inflation expectations published.There are no key Fed speeches scheduled.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
U.S. stock futures, Mexico peso gain on U.S.-Mexico dealU.S. stock futures jumped on Monday after a migration deal between the United St...
Weiterlesen »
U.S. Treasury's Mnuchin says Mexico immigration deal fixes problemsU.S. Treasury Secretary Steven Mnuchin said on Saturday that the U.S.-Mexico imm...
Weiterlesen »
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.'
Weiterlesen »
With Mexico deal done, U.S. urges China to resume trade talksPresident Donald Trump claimed a victory after Washington and Mexico agreed on measures to stem the flow of Central American migrants into the United States.
Weiterlesen »
With Mexico deal done, US urges China to resume trade talksOne down, still others to go, as US urges China to resume trade talks where negotiations left off
Weiterlesen »