The United States president Donald Trump stated that the U.S is going to force a 5% tariff on all Mexican imports starting on June 10. Taxes will increase by up to 25% and will start in the coming months if Mexico does not decrease or completely stop unauthorized passage to the United States. Last Thursday Trumps government announced that Mexico needs to “reduce or eliminate the number of illegal aliens” crossing into the U.S.
Trade wars set crude oil lower
Weekly Report - 03/06/2019