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Stocks, Peso Spike On Report US Considers Delaying Mexican Tariffs

Courtesy of ZeroHedge. View original post here.

Did Trump just fold (again)?

The peso and US stocks spiked on a Bloomberg headline stating that:

  • U.S. WEIGHS DELAYING MEXICO TARIFFS AS TIME FOR DEAL RUNS SHORT

But, shortly after that, another headline hit:

  • *U.S. TARIFFS ON MEXICO GOING INTO EFFECT MONDAY STILL POSSIBLE

Confirming that a delay is not an actual end to the threat of tariffs.

Markets retraced a little…

And stocks…


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