Chevron says new U.S. tariffs may impair development of Mexican market
Oil giant Chevron Corp said on Friday the imposition of new tariffs may lead to retaliation by Mexico impairing the development of that nation’s recently opened market for imports of U.S. gasoline and diesel.
If trade spat worsens, Mexico should target Trump base: farm lobby
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.
Wall St. drops on surprise Mexico tariff threat
U.S. stocks dropped on Friday, putting the S&P 500 on track for its first monthly drop of the year after President Donald Trump’s surprise threat of tariffs on Mexico fueled fears increasing trade wars could lead to a recession.
China’s retaliatory tariffs on U.S. goods take effect amid standoff
An increase in Chinese tariffs on most U.S. imports on a $60 billion target list took effect as planned on Saturday, with Beijing retaliating against Washington’s escalation in the trade war between the world’s two largest economies.
Trump’s Mexican tariffs threaten to disrupt auto sector
Shares of global automakers and suppliers tumbled on Friday after U.S. President Donald Trump threatened to impose tariffs on imports from Mexico, potentially upending a global manufacturing business model established decades ago.
Trump’s tariff threat on Mexico slams Wall Street
U.S. stocks fell on Friday after President Donald Trump’s shock threat of tariffs on Mexico fueled fears that escalating trade wars could push the world’s largest economy into recession.
Factbox: Auto, other industries’ manufacturing presence in Mexico
U.S. President Donald Trump said on Thursday a tariff of 5% would be imposed on all goods coming from Mexico, increasing gradually each month until it reaches 25% on Oct. 1, unless Mexico takes immediate action to curb illegal immigration.
Mexico urges Trump to back down on ‘unfair’ tariff threat
Mexico’s president on Friday urged his U.S. counterpart Donald Trump to back down from threats to impose tariffs on its exports to the United States, in a dispute over migration that could create a major economic shock for Mexico.
U.S. manufacturers, farmers fret over Trump’s Mexico tariff plan
Mexico’s president on Friday urged his U.S. counterpart, Donald Trump, to back down from threats to slap tariffs on Mexican goods entering the United States, in a dispute over migration that could create a major economic shock for Mexico.
U.S. inflation perks ups; slowing economy may limit gains
U.S. consumer prices increased by the most in 15 months in April, but a cooling in spending pointed to a slowdown in economic growth that could keep inflation pressures moderate.
