You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

7 June 2018 (AFR) – Mexico retaliates against steel levies with tariffs on US imports

(7 June 2018, AFR, p25, by Jude Webber, Adam Samson and Gregory Meyer)

‘The peso plunged on Wednesday (AEST) after Mexico imposed tariffs on US imports including bourbon, apples, potatoes, cheese and pork in retaliation to the Trump administration’s levies on steel and aluminium. The announcement of tariffs ranging from 15 per cent to 25 per cent came as the future of the Nafta trade agreement came under fresh attack from the White House. “An open trade war has finally erupted in the backyard of the US, with potentially dire repercussions for the survival of Nafta,” said Eswar Prasad, a professor of…’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Advertisements
%d bloggers like this: