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US Pres. Trump: Will be forced to tariff at 25% all cars made in Mexico if illegal immigration doesn't stop

U.S. President Trump, in a Twitter thread, said that he will be forced to tariff at 25% all cars made in Mexico "if for any reason Mexico stops apprehending and bringing the illegals back to where they came from."

"This will supersede USMCA. Likewise, I am looking at an economic penalty for the 500 billion dollars in illegal drugs that are shipped and smuggled through Mexico and across our southern border. Over 100,00 Americans die each year, sooo many families destroyed!" Trump added.

GBP/USD Technical Analysis: Cable pressuring daily lows near 1.3040 level

GBP/USD daily chart GBP/USD is consolidating above the 200-day simple moving average (SMA). GBP/USD 4-hour chart GBP/USD is trading below its main SMA
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AUD/USD fails to capitalize on the post-NFP upswing, slips back closer to 0.7100 handle

• Headline NFP betters expectations, while average earnings disappoint USD bulls. • US-China trade optimism might continue to underpin and help limit
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