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Trump says the US has 'indefinitely suspended' planned tariffs against Mexico after reaching a deal [CNBC]

Comcast Corp (CMCSA)  More Company Research Source: CNBC
Last comcast corp earnings: 4/25 07:00 am Check Earnings Report
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PDF Trump says the US has 'indefinitely suspended' planned tariffs against Mexico after reaching a deal President Donald Trump said on Friday that the United States and Mexico have signed an agreement to avoid tariffs that were scheduled to go into effect on Monday. Mexico's Foreign Minister Marcelo Ebrard also announced that the U.S. would not impose tariffs. Ebrard said on Thursday that Mexico would deploy its national guard to its southern border Last week, Trump had threatened to impose 5% tariffs on all Mexican imports starting June 10 Trump's abrupt decision to target Mexico shook markets, which were already facing uncertainty over the escalating trade war between the U.S. and China. The Dow dropped 3% the week ending May 31 Amid concerns that Trump was opening another trade war, Federal Reserve Chairman Jerome Powell said on Tuesday that the central bank is "closely monitoring the implications of these developments for the U.S. economic outlook and, as always, we will act as appro [Read more]

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