President Donald Trump poured cold water on the idea that the U.S. and Mexico might reach an agreement by the end of the week that would avoid a 5 percent tariff going into effect on Mexican imports.
“I think it’s more likely that the tariffs go on,” Trump said at a press conference during a state visit to London.
Trump’s comment was in stark contrast to the hopeful comments from Mexican officials that an agreement would be reached.
“I think that we have 80 percent in favor of a negotiation [that would stop tariffs from being implemented], 20 percent that maybe it’s difficult to reach an agreement,” Mexican Foreign Minister Marcelo Ebrard said Tuesday at a press conference at the Mexican Embassy in Washington. “I’d suppose that the imposition of tariffs can be avoided.”
Last week, Trump made a surprise announcement that the U.S. would initiate a 5 percent tariff on imports from Mexico unless Mexico does more to stop the cascade of people from Central America crossing its territory to reach the U.S. Trump said the tariffs would kick-in on June 10 and rise 5 percent per month, reach 25 percent by October.
Breaking: Kristi Noem Out as Trump’s Special Envoy for the Shield of the Americas
FBI returns ‘Most Wanted’ fraudster to US after India arrest in alleged $600K SNAP food stamp fraud scheme
Trans neo-Nazi accused of plotting Hindu temple massacre, will receive hormone treatment in jail: officials
Washington Post Now Luring Women to OnlyFans, Suggesting Pay up to 1,600x Higher Than What Most Women Make
‘Oh, shut up!’: Democrat snaps at Collins after heckler drives Maine Senate debate off the rails
Kelly Clarkson Gets Worst Backup Possible as Loathed Star Kathy Griffin Comes to Her Defense in Insane Feud with Small Shop Owner
‘Suspicious Mailings’ Containing ‘Unknown Substance’ Sent to Offices of Marco Rubio and Other Politicians: FBI
Can cooking for terrorists bar asylum? Supreme Court takes up unusual case with broader immigration stakes
Breaking: 3 Children, 1 Adult Killed in Elementary School Shooting
Marjorie Taylor Greene Lashes Out at Trump, Defends Ilhan Omar, Whom She Tried to Censure
Alleged leftist militants charged with gun crime just before Trump stopped enforcement
Michigan GOP gubernatorial candidate John James skips Vance rally, citing debate prep
Hollywood Mega Producer Admits to Joe Rogan That Once Societies Abandon God, They Turn To Tyranny
Active shooter report at Oregon elementary school draws large police response
‘One of a Kind’ Pastor Serving in Trump Administration Dies at Age 47
On Tuesday in London, Trump reiterated those plans. He also said that he did not think Republican lawmakers on Capitol Hill would act to block the tariffs, saying it would be “foolish” to do so.
Trump has told close aides in similar situations that he thinks it is often necessary to apply tariffs first and negotiate deals afterward in order to prove he is not bluffing. He sees tariffs as motivating other countries that want access to U.S. consumers to make concessions in negotiations.
Story cited here.
