Talk of trade deals and tariffs delivered the market moving news this week as bond yields ebbed and flowed with news of a trade deal with Mexico, negotiations with Canada and the next round of tariffs on Chinese goods.
Markets reacted with optimism to news this week of a new trade deal between the Trump administration and Mexico. The deal to replace the existing NAFTA policy, which would have to be approved by Congress, places new restrictions on the automotive industry by increasing requirements for parts of vehicles to come from North America in exchange for free trade.
Continue reading The art of the trade deal at Movement Mortgage Blog.
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