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Politics : Formerly About Advanced Micro Devices

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To: longnshort who wrote (1140142)

6/7/2019 9:07:03 PM

From: sylvester80

Read Replies (1) of 1577694

SCHUMER WAS 100% RIGHT: Trump says the US and Mexico have reached a deal to avoid tariffs
PUBLISHED 17 MIN AGOUPDATED MOMENTS AGO
cnbc.com
Spencer Kimball @SPENCEKIMBALL

President Donald Trump said on Friday that the United States and Mexico have signed an agreement to avoid tariffs that were scheduled to go into effect on Monday.

Trump said that Mexico in return has agreed to take “strong measures” to stop illegal migration from coming through the U.S. southern border.

Donald J. Trump

?@realDonaldTrump

I am pleased to inform you that The United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended. Mexico, in turn, has agreed to take strong measures to....

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5:31 PM - Jun 7, 2019
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Last week, Trump had threatened to impose 5% tariffs on all Mexican imports starting June 10 if Mexico didn’t do more to stop illegal immigration. Those tariffs were set to gradually increase to 25% over the coming months if Mexico did not meet the White House’s demands.

The president’s abrupt decision to target Mexico shook markets, which were already facing uncertainty over the escalating trade war between the United States and China.

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