Mexico

US equity futures are unchanged, trading near record highs after digesting a spate of earnings results on Thursday. The dollar pared its weekly loss as the yen and pound slid, while gold headed for its longest slump in three months. European equities fell and markets in Asia were mixed, while markets in China, South Korea, Taiwan and Vietnam were closed Friday for the start of Lunar New Year. Hong Kong, Malaysia and Singapore had shortened sessions.

While the White House floated, then quickly backed off, a proposal for a 20% tax on Mexican imports to "pay for the wall", in addition to collecting an approximate $10 billion per year in tax revenues, there would be a notable flipside to a tax that would raise prices on Mexican imports by up to 20%, and would immediately affect a wide range of agricultural goods. Mexico exported $21 billion of food and drink north of the border in 2015, according to data from the U.S. Department of Agriculture, making Mexico the 2nd largest supplier of agricultural imports to the US.

Mexico’s President Enrique Pena Nieto has scrapped plans to meet with President Trump. Pena Nieto tweeted on Thursday that his administration has informed the White House he would not be attending a work meeting scheduled for next Tuesday with Trump.

President Trump is a busy man. While vulturous media opportunists on the left spew outrageous propaganda at America's hoard of primal screaming "never-wrongs" who can't even fathom why they lost the election, Trump has moved with lightning speed to shock n' awe the world with massive progress on a ton of campaign promises.