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.
Patrick Clancy in his own words: Top takeaways from grieving father’s first interview
Lindsay Clancy holdout juror makes new promise as lawyer warns of public attacks
Breaking: ICE Shooting Rocks Austin – Protesters Clash with Officers, Democrats Condemn Agency with Few Facts Available
ICE shooting rocks Austin as Democrat demands bodycam video, independent probe
Massachusetts’ plan to offer postpartum screening home visits sparks online debate
Cops flush homecoming prank plans after seizing 650 toilet paper rolls in ‘Operation Clean Sweep’
Trump to meet with Mamdani in New York amid high-stakes midterm push
White House reporter talks about Trump banning MS Now, Politico, and CNN
It’s Not All Doom and Gloom: AI Added 1 Million US Jobs, 5 for Every 1 Cut
Politicians Forgot Backup Power When They Pushed Clean Power in 13 States: Now Electric Bills Are Skyrocketing
True Crime-Obsessed Crazies Are Making the Clancy Holdout Juror Family’s Life a Living Hell
Why Trump zeroed in on Greenland, the world’s largest island, mostly covered in ice — in 3 charts
Data Analysis Proves Radical Communists Aren’t the Fringe: Majority of Dems Are DSA
Burglar Breaks Glass, Alerts Armed Alabama Homeowner – It’s Last Mistake He Ever Made
Mysterious ‘Anonymous Donor’ Paid for Cremation of Trump’s Would-Be Assassin
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.
