JSE tracks weaker global markets after Trump threatens tariffs on Mexico
US President Donald Trump has threatened to impose tariffs on Mexico to stem the flow of illegal immigrants, prompting risk aversion on markets
31 May 2019 - 11:05
The JSE was weaker, along with global equity markets, on Friday morning, on track for its worst month in seven, as US threats to impose tariffs on Mexico prompted investors to shy away from risk assets.
Local banks were faring worst and the rand was back above R14.80/$, after US President Donald Trump threatened tariffs on Mexico should it fail to stem the flow of illegal immigrants...
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