As Mexico-US talks progress, markets rise on hopes a deal could be close - News Summed Up

As Mexico-US talks progress, markets rise on hopes a deal could be close


US stocks, oil and Treasury yields rose on Thursday afternoon on indications the two sides were getting closer. Brad Parscale, Trump's 2020 campaign manager, tweeted on Thursday: "Mexico sent representatives to Washington as soon as President @realDonaldTrump announced possible tariffs. Mexican officials have prepared a list of US products that may face retaliatory tariffs if talks do not end in agreement. "People are really scared," said Nick Giordano, vice president and counsel for global government affairs at the National Pork Producers Council. "This is generating a tremendous amount of uncertainty and potentially if this goes forward, it's going to be financial turmoil."


Source: bd News24 June 06, 2019 23:03 UTC



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