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.
Supreme Court deals blow to Virginia Democrats in fight over state court ruling
Navy veteran Rocky Rochford seeks to turn Tampa Bay red, unseat 20-year House incumbent
Trump Reveals Waterfront Site for Long-Planned National Garden of American Heroes
Alex Murdaugh retrial could bring potential death penalty as AG says ‘all our legal options are on the table’
Op-Ed: Tulsi Gabbard, the CIA, And the MKUltra Files – What Are They Hiding?
Fox News True Crime Newsletter: Nancy Guthrie sheriff, Alex Murdaugh’s win, Kouri Richins’ message
Outrage: Using Enormous Pipes Water Utility Didn’t Know About, AI Data Center Guzzled 30 Million Gallons of Water for Free
Texas Boom: GOP-Led State Brags America’s 5 Fastest-Growing Cities as People Flee Blue States
Unlikely bipartisan Senate duo seeks to permanently ban ex-lawmakers from lobbying
Georgia GOP gubernatorial hopeful vows to ‘ban DEI’ in state but his own nonprofit urged CEOs to invest in it
‘Brutally Painful’ – Jordan Peterson’s Real Condition Revealed by Wife – They Need Our Prayers
Murkowski vs Trump: Senator sides with Democrats on Iran after series of breaks with president
Bishop Barron slams ‘borderline communists’ Sanders, Mamdani ahead of Trump prayer event: ‘Economy that kills’
Faith leaders and administration officials join together for Rededicate 250: What to know
Trump DHS Announces 12 Straight Months of Zero Border Releases as Crossings Hit Historic Lows
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.
