Dow Futures Slip 220 Points as Trump Flexes Muscle with Mexico Tariffs

2019-5-31 05:30

By CCN: Dow Futures slipped 220 points late Thursday after Donald Trump threatened to levy 5% tariffs on all imports from Mexico by June 10. The tariffs will rise in gradual increments to 25% by October 2019.

They’ll remain in effect until further notice. Dow futures drop 220 points after Trump says he will impose 5% tariffs on Mexican imports — CNBC Futures Now (@CNBCFuturesNow) May 31, 2019 Trump announced the new tariffs hours after teasing a “major statement on the border sometime today or tomorrow. ” When pressed by reporters he said: “It will be a statement having to do

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