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.
Watch: Trump Jumps Into Action to Corral Toddler Wandering Onstage
Watch: Mamdani Booed off Stage at Police Event – Moments Later Critic Tried to Confront Mayor, Collapsed in Cardiac Arrest
US pauses government operations in cartel-ridden Mexican state
Trump’s endorsement collides with $1.3M effort to oust House ally
Abdul el Sayed won the progressive fight. Now he must reunite Democrats to keep Michigan blue
EXCLUSIVE: Illegal immigrant’s hit-and-run on ‘kind’ elderly woman triggers ICE action: ‘Could hear screaming’
Rand Paul predicts Fauci contempt vote will pass, vows swift DOJ referral
Florida man allegedly attacked sister with machete while she was sleeping next to toddler daughter
Trump blasts Democratic socialist candidate as ‘full of s—‘ and Dems are skipping socialism ‘for communism’
Florida man accused of cutting off diver’s air supply in fight over coveted lobster diving spot
Bodycam video shows Canadian woman allegedly giving false name before deputies discovered 12 fake IDs
Federal judge acknowledges Supreme Court ruling clearing path for Trump to end Haiti TPS
Fauci’s HHS iPhone turned over to Senate investigators as contempt vote looms
Trans Star Jailed, Charged with Multiple Felonies Related to ‘Alleged Sexual Assault Involving a Juvenile’
Masked man caught on camera smashing Virgin Mary statue with a hammer outside NYC church
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.
