Silver prices rose amid worries over Mexico and escalating trade tension between China and the U.S.
The Trump administration announced it will impose a 5% tariff on all imported goods from Mexico beginning June 10 and “gradually increase” that tax to 25%
China issued a white paper over the weekend that claimed the U.S. is an untrustworthy negotiator and blamed it for starting global trade problems.
US consumer prices increased in April, which could support the Federal Reserve’s statement that recent low inflation readings were transitory.
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