Target Trump’s base if trade spat worsens, Mexican farm lobby says
The Mexican government should target agricultural goods produced in states that have voted for U.S. President Donald Trump’s Republican Party if the trade conflict between the two neighbors worsens, the head of Mexico’s main farm lobby said on Friday.
United Technologies wins $3.24 billion U.S. defense contract: Pentagon
United Technologies Corp’s Pratt and Whitney Engines has been awarded the $3.24 billion modification to a U.S. defense contract for the production and delivery of 233 propulsion systems, the Pentagon said on Friday.
Tariff talks ‘have begun,’ top officials meet Wednesday: Mexican minister
Mexico’s Foreign Minister Marcelo Ebrard said he started negotiating with officials in Washington on Friday after U.S. President Donald Trump threatened tariffs on imports of Mexican products but face-to-face talks will not happen until next week.
Amazon seen spreading its tentacles to 5G with T-Mobile interest
One influential analyst called Amazon.com’s reported interest in the U.S. wireless market “batshit crazy.” Another said it was a “trojan horse” to kill off the big wireless players.
Wall St. skids, jolted by Trump’s surprise tariff threat on Mexico
U.S. stocks dropped on Friday, as the S&P 500 closed out the month with its biggest May slump since 2010, after President Donald Trump’s surprise threat of tariffs on Mexico fueled fears that a trade war on multiple fronts could lead to a recession.
Exclusive: Space firm founded by billionaire Paul Allen closing operations – sources
Stratolaunch Systems Corporation, the space company founded by late billionaire and Microsoft Corp co-founder Paul Allen, is closing operations, cutting short ambitious plans to challenge traditional aerospace companies in a new “space race,” four peop…
House Speaker Pelosi blasts Trump for ‘sowing chaos over the border’
U.S. House Speaker Nancy Pelosi, the top Democrat in Washington, on Friday said President Donald Trump was “sowing chaos over the border” with his threat to slap tariffs on Mexican imports, and she called on him to work with Congress on immigration ref…
‘Negotiations over tariffs have started’: Mexico’s foreign minister
Mexico’s Foreign Minister Marcelo Ebrard said on Friday that he had started negotiating with officials in Washington after U.S. President Donald Trump threatened to impose tariffs on imports of Mexican products.
New front in trade war means Fed’s dry powder may get burned
The U.S. Federal Reserve’s hesitance to react to world trade tensions may have been dealt a fatal blow Friday by President Donald Trump’s surprise announcement of new tariffs on Mexico, levies that could slam investment and business confidence and leav…
Mexico, U.S. business groups urge Trump to back down on tariff threat
Mexico’s president and the top U.S. business lobbying group called on President Donald Trump to back down from a threat to impose punitive tariffs on Mexican imports, in a dispute over migration that could shock Mexico’s economy.