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.
Civil rights groups file lawsuit seeking to block Texas law allowing cops to arrest illegal migrants
Rudy Giuliani’s primary care provider gives update on his condition
Police dog follows his nose to find missing autistic teen screaming for help
Ohio daycare worker convicted of horrific physical abuse of toddlers sentenced to years in prison
Alert: Child Struck by Gunfire as Secret Service Neutralizes Alleged Gunman Near White House
Staffer for Dem Sen. Cory Booker Who Brought Gun Into Capitol Without a License Saw Charges Quickly Dropped: DOJ
Video shows Dem candidate dodging Trump violence question as campaign issues response
Florida GOP candidate reveals why ‘amazing’ fundraising haul and key Trump moves suggest midterm ‘optimism’
GOP challenger Joe Kaufman to run in Florida’s 25th district; will face either Moskowitz or Wasserman Schultz
Trump’s troop drawdown jolts Europe as NATO chief says leaders got the ‘message’
NATO Chief Says European Leaders Have Finally ‘Gotten the Message’ from Trump and Are Changing Their Ways
Woman objected to trans sex offender roommate — then she was sent back to prison, legal group says
Cassidy suggests governor boosted Trump-backed rival by not moving Senate primary
Report: Democrats Are Seeking to Stage a Mutiny Against the Chair of the DNC
Ron DeSantis Makes Florida’s New Congressional Maps Official in Timely Redistricting Boost for Republicans
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.
