Safe-haven sovereign bonds surged and European stocks tumbled on Friday as investors feared President Donald Trump's shock threat of tariffs on Mexico risked tipping the United States into recession while disappointing China data added to the woes.
Mexico's president said Friday he would respond with "great prudence" to threats by his U.S. counterpart Donald Trump to slap tariffs on Mexican goods entering the United States, and called on Mexicans to unite to deal with the challenge.
Canada's Digital Charter lacks sufficient legal enforcement power to effectively protect privacy and regulate use of personal data, according to critics worried that a smart city project in Toronto by Alphabet's Sidewalk Labs unit could be misused for mass surveillance.
U.S. stocks fell broadly on Friday, hit by fears that President Donald Trump's shock threat of tariffs on Mexico could prove the trigger that pushes the world's largest economy into recession.
Mexican Foreign Minister Marcelo Ebrard said on Friday that he would travel to Washington shortly to hold talks with U.S. officials to try to head off U.S. threats to impose tariffs on Mexican goods, calling Mexico's treatment unfair.
Mexico's president said on Friday he would respond with "great prudence" to threats by his U.S. counterpart Donald Trump to impose tariffs on Mexican goods entering the United States, and called on Mexicans to unite to face the challenge.
Wall Street's main indexes fell sharply on Friday, hit by fears that President Donald Trump's shock threat of tariffs on Mexico could prove the trigger that pushes the United States into recession.
Mexico's president on Friday urged his U.S. counterpart Donald Trump to back down from threats to impose tariffs on its exports to the United States, in a dispute over migration that could create a major economic shock for Mexico.
U.S. consumer prices increased by the most in 15 months in April, but a cooling in spending pointed to a slowdown in economic growth that could keep inflation pressures moderate.
Shares of global automakers and suppliers tumbled on Friday after U.S. President Donald Trump threatened to impose tariffs on imports from Mexico, potentially upending a global manufacturing business model established decades ago.
Global equities tumbled and safe-haven sovereign bonds surged Friday after President Donald Trump's unexpected threat of tariffs on Mexican goods added to fears that escalating trade wars will push the U.S. and other major economies into recession.
U.S. stocks fell on Friday after President Donald Trump's shock threat of tariffs on Mexico fueled fears that escalating trade wars could push the world's largest economy into recession.
U.S. President Donald Trump said on Thursday a tariff of 5% would be imposed on all goods coming from Mexico, increasing gradually each month until it reaches 25% on Oct. 1, unless Mexico takes immediate action to curb illegal immigration.
Mexico's president on Friday urged his U.S. counterpart, Donald Trump, to back down from threats to slap tariffs on Mexican goods entering the United States, in a dispute over migration that could create a major economic shock for Mexico.
Mexico's president and the top U.S. business lobbying group called on President Donald Trump to back down from a threat to impose punitive tariffs on Mexican imports, in a dispute over migration that could shock Mexico's economy.