S&P 500 futures jump as trading resumes after Trump calls off tariffs on Mexico

Reuters

Published Jun 09, 2019 06:50PM ET

S&P 500 futures jump as trading resumes after Trump calls off tariffs on Mexico

(Reuters) - U.S. equity futures rose when trading resumed on Sunday after the United States and Mexico struck a deal late Friday to avert a tariff war, with Mexico agreeing to meet U.S. demands to stem the flow of illegal Central American migrants.

U.S. President Donald Trump had threatened to impose 5% import tariffs on all Mexican goods starting on Monday if Mexico did not commit to do more to tighten its borders.