Market News and Commentary June 23

Trump Threatens 20 Percent Tariff On European Union Cars. Tom Arnold: ‘Trump is an illegitimate president.’ Trump says GOP should ‘stop wasting their time on immigration’ until after midterms. Bitcoin tumbles after Japan watchdog orders exchanges to review business practices. Mr. Falih also suggested that traders, who pushed up oil prices sharply on Friday after the OPEC decision, may have underestimated the major producers’ determination to act.

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