Global Markets: Trump renews border wall demand in tweet

By Commodity News Services Canada

WINNIPEG, Jan. 30 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally.

– United States President Donald Trump renewed his demand for funding of a wall along the U.S./Mexican border. In a tweet Wednesday morning Trump said a bipartisan committee on border security is “wasting their time” if they are not including his wall. The U.S. government was in a 35-day partial shutdown over funding of Trump’s wall until a deal was struck late last week to end the shutdown for three weeks.

– China and the U.S. begin two days of high-level trade talks in Washington, D.C. on Wednesday. Led by Chinese Vice-Premier Lui He and U.S. Trade Representative Robert Lighthizer, the talks will cover intellectual property, technology transfers and tariffs the countries imposed on each other.

– In the United Kingdom, the House of Commons voted on Tuesday to scrap Prime Minister Theresa May’s Brexit deal. The move requires May to negotiate a deal, but European Union President Donald Tusk reminded her that the Brexit deal is not up for re-negotiation. The U.K. is scheduled to leave the EU in eight weeks.

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