Financial news

Weekly Market Commentary 31st May 2019

May 31, 2019/in Financial News /by Wyn Thomas

TRUMP THREATENS MEXICO WITH TARIFFS OVER IMMIGRATION ROW

This week markets have been rattled by a further escalation in Donald Trump’s trade war, when he opened a new front with Mexico. Despite renegotiating the NAFTA agreement more to his liking, he has now threatened to impose tariffs unless Mexico does something to stem the flow of immigrants crossing the Southern border. This comes in the same week that the confrontation with China spilled over into diplomatic channels, with the UK taking fire for defying American orders not to work with Chinese telecoms firm Huawei. Read more…

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