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.
NYC woman critically injured after being stabbed multiple times while jogging along Brooklyn waterfront
Democrats’ self-inflicted wounds threaten high-stakes Michigan Senate race
Tough Time Finding an Affordable Car? Thank Obama’s Destruction of 680k Working Vehicles in 2009
Texas Claims 9 Rio Grande Islands in Power Move to Deny Cartels Safe Havens
How House Democrats’ ‘deterrence message’ on Trump jobs could backfire
Outrage Erupts Over Minnesota Election Official’s Message on ‘Somali TV’: Doesn’t This Mean Illegals Can Easily Vote?
Pollster Who Predicted Clinton Landslide Against Trump Says GOP Can Still Win Midterms: ‘Lot of Winning Combinations’
Veteran Dem operative says subpar GOP candidates poised to hand over Senate majority
Trump prosecutions under Biden set precedent for DOJ’s Alaska ‘Decoy Dan’ probe, ex-FEC chair says
Biden Propaganda Exposed?: Arrested ‘Shadow Gov’t’ Ex-FBI Official May Have Helped NBC Bury the Hunter Biden Laptop Story
Surface-to-Air Missile System Deployed at Mar-a-Lago: ‘Heightened Threat Environment’
Major US children’s hospital opens historic detransition clinic after $10M legal showdown
Who are Ilhan Omar’s lawyers? Meet the high-powered Dem attorneys the embattled rep hired
El Sayed asks Haley Stevens to stay away from campaign events in dramatic 11th-hour feud escalation
Why the Ilhan Omar saga isn’t going away
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.
