Mexico Warns of Retaliation if Tariff Deal Fails by August 1

Mexican President Claudia Sheinbaum warned that Mexico will take action if a new tariff agreement with the U.S. isn’t reached by August 1. She specifically mentioned a possible 17% duty on fresh tomatoes. The dispute adds tension to trade talks as both sides seek to avoid escalating economic consequences.

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    Kingston — Jamaican Prime Minister said the government will “devote all our energy to mount a strong recovery” after a powerful storm struck the island on Wednesday, killing four people in St. Elizabeth, according to officials.

    Gold Prices Rise as Dollar Weakens and Fed Cuts Rates

    London — Gold prices climbed on Thursday, supported by a weaker dollar and a Federal Reserve rate cut. Investors remained cautious ahead of the anticipated trade agreement between U.S. President Donald Trump and Chinese President Xi Jinping.

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