Wall Street reels as Trump threatens tariffs on Mexico Unlisted Video
5 years ago
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News
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Andres Manuel Lopez Obrador
Donald Trump
S&P 500 INDEX-CBOE
NASDAQ COMPOSITE INDEX
DOW JONES INDUSTRIAL AVERAGE INDEX
Felipe Calderon
Mexican General Election
2006
Yield Curve
According to Reuters, Wall Street’s main indexes fell sharply on Friday, hit by fears that President Donald Trump’s shock threat of tariffs on Mexico could prove the trigger that pushes the United States into recession. Washington will impose a 5% tariff from June 10, which would then rise steadily to 25% until illegal immigration across the southern border was stopped. Mexican President Andres Manuel Lopez Obrador said he would respond with “great prudence”.
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