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Cross-Border Freight Brokers Not Panicking Yet About Mexico Tariffs
Wednesday, June 5, 2019 - 11:24am | 1453Read More...Cross-border freight brokers are not panicking over President Trump's announcement of tariffs on Mexican exports into the United States – yet. Last week the White House said that it would levy tariffs of 5 percent on all Mexican goods entering the U.S. – worth nearly $400 billion annually –...
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Mexican President Indicates Optimism On Talks With US
Tuesday, June 4, 2019 - 8:56am | 149Read More...Mexican President Lopez Obrador says talks in the U.S are going well and he is optimistic believing there will be a deal before June 10, according to Reuters. On the back of this update from Mexico and the earlier news from China’s Ministry of Commerce, stocks edged higher. S&P 500...
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Another ETF Victim Of The Trade Wars
Tuesday, June 4, 2019 - 7:52am | 555Read More...Trade war-related carnage is not limited to U.S. and China equities. Stocks in other countries are being pinched, too, including Mexico. Equities in Latin America's second-largest economy were thumped last week amid news that the White House is targeting Mexico in a new round of new tariffs....
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Threatened Levy On Mexican Imports To Pressure 3PL
Monday, June 3, 2019 - 12:57pm | 870Read More...Third-party logistics providers, companies that work with shippers and carriers to facilitate trade and transportation activity, will experience a 1 to 2 percent decline in demand for each 5 percent increase in tariffs the Trump administration threatens to levy on Mexican imports, the head of a...
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Trump's Mexico Tariffs Set A Dangerous Precedent For Policy, With Potentially Huge Effects
Monday, June 3, 2019 - 11:10am | 1279Read More...Trump's Mexico tariffs set a dangerous precedent for policy, with potentially huge effects Yesterday, President Trump announced plans to enact new tariffs on all goods imported from Mexico, with the intent of addressing illegal immigration across the U.S.-Mexico border. Imports will be subject to...
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Chipotle Warns Of Potential Impact From Mexican Tariffs
Monday, June 3, 2019 - 9:01am | 272Read More...Chipotle Mexican Grill (NYSE: CMG) could cover the cost of President Donald Trump's proposed tariffs on Mexican imports by raising burrito prices by 5 cents, chief financial officer Jack Hartung said in a statement to Reuters. Last Thursday, Trump said the U.S. would impose a 5-percent tariff...
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Trump Allies Push Back Following Mexico Tariff Threats
Friday, May 31, 2019 - 3:45pm | 334Read More...President Donald Trump's latest tweets relating to the Mexico tariff threats are being met with anxiety and a number of well-known Trump allies are expressing discomfort. Trump announced a 5-percent tariff on all goods coming from Mexico, demanding the country curb illegal immigration into the...
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Tariff Issues Blew May Markets Into Rough Seas
Friday, May 31, 2019 - 2:44pm | 1801Read More...May turned out to be a lackluster month a lot of stock market investors would probably rather forget. Arguably, though, it’s one worth remembering, if only for the lessons it provides. Stocks fell sharply over the course of May, clobbered by geopolitical turmoil, a Fed that resisted calls to...
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Spindly Transport Stocks Dealt Another Blow In New Tariff Threats
Friday, May 31, 2019 - 12:47pm | 765Read More...Markets are off broadly, but not deeply. The Dow Jones Industrial Average has been off a little more than 1 percent for most of the session, with the Dow Jones Transportation Average Index seeing similar declines. The S&P 500 Index is down less than 1 percent. While the degradation was seen...
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10 Stocks Taking A Big Hit On Mexico Tariff Threat
Friday, May 31, 2019 - 12:06pm | 770Read More...As U.S. President Donald Trump’s trade war with China ramps up, he turned his attention back to Mexico on Thursday. Trump threatened to impose a 5-percent tariff on all Mexican imports starting on June 10. Trump said tariffs could be hiked to 25 percent in coming months if Mexico does...
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Watch: The Impact Of The 5% Tariff On Mexican Imports
Friday, May 31, 2019 - 11:45am | 110Read More...Jay Pestrichelli, Managing Director, Zega Financial, discusses the impact of the 5% tariff On Mexican imports on Morning Trade Live. Originally aired 05/31/2019 on the TD Ameritrade Network. Information from TDA is not intended to be investment advice or construed as a recommendation or...
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President Trump Threatens Tariffs Of Up To 25% On All Mexican Imports
Friday, May 31, 2019 - 11:09am | 523Read More...U.S. President Donald Trump said he will begin a series of escalating tariffs on all Mexican imports beginning June 10 unless Mexico and U.S. lawmakers take immediate steps to stop the flow of illegal immigration into the United States. In a dramatic an unexpected turnaround from an announcement...
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EUR/USD: Trump Launches A New Trade War
Friday, May 31, 2019 - 10:19am | 523Read More...EUR/USD has dropped a tad below 1.1200 in the wake of the EU elections. Mainstream parties lost ground, but the votes went to both centrist and populist parties alike. The four-hour chart portrays a positive outlook for the currency pair. Center-right and center-left parties have lost their...
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Investors Hit The Brakes on Automakers After Trump Threatens Mexico With Tariffs
Friday, May 31, 2019 - 10:14am | 1252Read More...You may have heard of the Wall Street adage “sell in May and go away.” As the last trading session of this month gets underway, it seems clear that at least the first part of that has come true. The S&P 500 Index (SPX) had already lost more than 5% over the month through Thursday...
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9 US-Traded Mexico-Based Stocks To Keep An Eye On
Friday, May 31, 2019 - 8:42am | 536Read More...U.S. President Donald Trump announced a 5-percent tariff on all goods coming from Mexico, demanding the country curb illegal immigration into the U.S. Trump has long accused Mexico of not doing enough to stem the flow of illegal drugs and immigrants, and this is his latest attempt to put pressure...















