Global auto and parts manufacturers scrambled on Friday to make contingency plans and look at ways of speeding some deliveries after U.S. President Donald Trump threatened new tariffs on all Mexican imports starting early next month.
Martin Shkreli, the pharmaceutical entrepreneur serving a seven-year prison term for fraud, on Friday sued three former colleagues at Retrophin Inc for more than $30 million, saying they illegally ousted him from that company in 2014.
The Mexican government should target agricultural goods produced in states that have voted for U.S. President Donald Trump’s Republican Party if the trade conflict between the two neighbors worsens, the head of Mexico’s main farm lobby said on Friday.
United Technologies Corp’s Pratt and Whitney Engines has been awarded the $3.24 billion modification to a U.S. defense contract for the production and delivery of 233 propulsion systems, the Pentagon said on Friday.
Mexico’s Foreign Minister Marcelo Ebrard said he started negotiating with officials in Washington on Friday after U.S. President Donald Trump threatened tariffs on imports of Mexican products but face-to-face talks will not happen until next week.
One influential analyst called Amazon.com’s reported interest in the U.S. wireless market “batshit crazy.” Another said it was a “trojan horse” to kill off the big wireless players.
U.S. stocks dropped on Friday, as the S&P 500 closed out the month with its biggest May slump since 2010, after President Donald Trump’s surprise threat of tariffs on Mexico fueled fears that a trade war on multiple fronts could lead to a recession.
Stratolaunch Systems Corporation, the space company founded by late billionaire and Microsoft Corp co-founder Paul Allen, is closing operations, cutting short ambitious plans to challenge traditional aerospace companies in a new “space race,” four people familiar with the matter said on Friday.
U.S. House Speaker Nancy Pelosi, the top Democrat in Washington, on Friday said President Donald Trump was “sowing chaos over the border” with his threat to slap tariffs on Mexican imports, and she called on him to work with Congress on immigration reform.
U.S. stocks dropped on Friday, with the S&P 500 suffering its worst May performance since 2010, after President Donald Trump’s surprise threat of tariffs on Mexico fueled fears that his trade war on multiple fronts could lead to a recession.
Mexico’s Foreign Minister Marcelo Ebrard said on Friday that he had started negotiating with officials in Washington after U.S. President Donald Trump threatened to impose tariffs on imports of Mexican products.
The U.S. Federal Reserve’s hesitance to react to world trade tensions may have been dealt a fatal blow Friday by President Donald Trump’s surprise announcement of new tariffs on Mexico, levies that could slam investment and business confidence and leave little doubt the administration’s combative stance is here to stay.
The Mexican government should target agricultural goods produced in states that have voted for U.S. President Donald Trump’s Republican Party if the trade conflict between the two neighbors worsens, the head of Mexico’s main farm lobby said on Friday.
U.S. stocks dropped on Friday, putting the S&P 500 on track for its first monthly drop of the year after President Donald Trump’s surprise threat of tariffs on Mexico fueled fears increasing trade wars could lead to a recession.
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.
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