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.
Lindsey Graham’s Sister Announces She’s Running for Full Senate Term
Rand Paul releases docs that reveal FBI halted border inspection of virus researcher over Wuhan lab links
Johnson’s strategy to bypass Democrats’ SAVE Act blockade survives key vote, handing GOP big win
Warren’s latest ‘kiss of death’ endorsement sparks mockery over disastrous political picks
Illegal immigrant who murdered Michigan woman sues Trump, demands $75M, public apology, US citizenship
Craziest Video You’ll See Today: Trans Adult Jumps Like Toddler After ‘Misgendering,’ Dares Cop to Arrest Him, Then the Fun Starts
Five dead after group attempts to save struggling swimmer in Ohio
Democrats Make Graham Platner Replacement All But Official – Not Everyone Is Pleased
Gunman charged after wounding 9 in Tucson nightlife shooting before cop takes him down
DOJ moves to denaturalize 10 criminals, including child molesters, drug dealers, and scammers
‘Long Island Lolita’ Amy Fisher’s son charged as cops probe possible microwave link in cat’s killing
Timeline: All the incidents where US troops have been killed during the Iran war
Trump Makes It Clear Netanyahu Will ‘Not be Arrested’ After Mamdani Fantasizes About Locking Him Up
Lindsey Graham succession fight upended as Trump’s chosen successor jumps in
Christian Apologist Forced to Move After Muslims Prove His Point
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.
