President Trump wants a wall along the border with Mexico, CNN has been told by multiple sources within the agencies involved in building, paying for and enforcing this barrier.
President Trump has been looking at various blueprints with his advisers, a senior administration official told CNN. He could ultimately insist on a concrete wall stretching across the entire border, as he has promised. It would be a far bigger and a vastly more expensive project, and any plan would need to be sent to Congress for funding approval.
President Donald Trump has proposed construction of a US-Mexican border wall and is expected to pause the flow of refugees to America as he launched broad but divisive plans to reshape US immigration and national security policy.
A draft executive order seen by Reuters that Trump is expected to sign in the coming days would block the entry of refugees from war-torn Syria and suspend the entry of any immigrants from Muslim-majority Middle Eastern and African countries Syria, Sudan, Somalia, Iraq, Iran, Libya and Yemen while permanent rules are studied.
Ford is canceling plans to build a new $1.6 billion factory in San Luis Potosi, Mexico, and will instead invest some of that money in a U.S. factory that will build new electric and autonomous vehicles.
Ford is investing $700 million to expand its Flat Rock assembly plant and hire 700 new workers to build self-driving and electric vehicles along with the Mustang and Lincoln Continental already produced at the Downriver site.
Fields said Ford will invest $700 million in the Flat Rock plant to make hybrid, electric and autonomous vehicles. It will also hire around 700 workers starting in 2018. In announcing the Michigan expansion, Fields noted Trump’s promise to make the U.S. more competitive by lowering taxes and easing regulations.
The Bank of Mexico governor, AgustÃn Carstens, will step down in July 2017 to become the next general manager of the Bank for International Settlements.
Carstens will serve as general manager of the BIS, which is headquartered in Basel, Switzerland, for a five-year term, succeeding Jaime Caruana, who has been in the position since 2009. The bank is the world’s oldest international financial institution and serves as a bank for central banks. Its goal is to foster international monetary and financial cooperation. It hosts bimonthly meetings of top central bank officials and publishes regular research reports.
Mexico’s peso reached a six-week high in a signal that Hillary Clinton held on to her advantage over Donald Trump in the final U.S. presidential debate.
The currency was up by 0.2% at 18.4937 per dollar around 10:45 p.m. ET. Earlier, it drifted between little changed to down by as much as 0.2% as the two candidates spoke.
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