DJIA26770.20
LIVE-255.68(-0.95%)
NDX7868.49
LIVE-73.65(-0.93%)

US, Mexico Reach Deal on Migration, Averting Tariffs


Monday, 10 June 2019 23:40 WIB

Global


c_740_198_16777215_00_images_assets_GLOBAL2_Trump-Tariffs-Threatened_840x480-1.jpg

The United States and Mexico have reached a deal on migration to avert tariffs, but U.S. officials say President Donald Trump retains the authority to impose tariffs if Mexico fails to live up to it.

"I am pleased to inform you that The United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended," Trump said Friday on Twitter.

U.S. and Mexican officials returned to the negotiating table Friday for a third day of talks to find a way to stem the flow of Central American migrants across the U.S. southern border that had threatened trade between the neighboring countries.

Trump's trade wars with Mexico and other countries appear to have spooked American companies into putting the brakes on hiring, as they added just 75,000 jobs in May, far fewer than the 180,000 economists expected, the Labor Department reported Friday.

Although the jobless rate held steady at a 50-year low of 3.6%, Friday's figures are the latest signal the U.S. economy, while healthy, is weakening. Manufacturers, which are particularly sensitive to trade disputes, added only 3,000 jobs, extending an anemic streak of hiring in the sector.

Source : VOA


RELATED NEWS

  • Despite a U.S.-brokered cease-fire agreement, fighting continued Friday in northeast Syria. Loud bangs and gunfire could be heard, and smoke could be seen rising over the town of Ceylanpinar, a day a...
  • A 93-year-old former concentration camp guard went on trial in Germany Thursday for abetting in the murder of more than 5,000 people. Bruno Dey was 17 when he began working as a guard at the Stutthof...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.