Wall Street rises with hopes of Mexican tariffs delay [Reuters]
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Source: Reuters
Wall Street rises with hopes of Mexican tariffs delay New York (Reuters) - Wall Street’s main indexes closed higher after a choppy session on Thursday as investors grew more optimistic on trade after reports that the United States is considering a delay in imposing tariffs on Mexican imports. The market added to gains after a Bloomberg report cited unidentified sources saying that U.S. President Donald Trump could delay the tariffs he had threatened to put on Mexican goods as soon as Monday. The Washington Post reported that under a possible immigration deal, Mexico would deploy 6,000 troops to the Guatemalan border. But strategists urged caution until a final U.S.-Mexico deal is reached and followed by a U.S.-China trade deal. “You have to take all of this with a huge grain of salt,” said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute in St. Louis, adding that even if the Mexico report is true, “it would be a short-term positive.” “It’s not giving
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