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.
Turkey accuses Netanyahu of pursuing ‘expansionist’ policies after Israeli strike on Syrian airbase
California special interest groups follow Newsom into early 2028 primary states
Hegseth’s growing campaign role sparks talk of political future
‘How Weak Are You?’: Watch as Vet Who Lost Both Legs in Afghanistan Shreds Sailors Whining About Food on USS Abraham Lincoln
Minnesota prosecutor accused of billing Medicaid from commercial sex house she turned into assisted-living facility
Socialists capture major Florida victory on hit-or-miss night for Trump-endorsed primary candidates
Inside the tension that drove Trump’s South Korea alliance from ‘historic new era’ to military pullback
State of play: What to know about California showdown to replace Swalwell after massive scandal
Former state rep tops ranked-choice slugfest as Alaska advances nominees for governor
Alaskan political scion hopes to hold onto state’s single House seat
America’s reddest state crowns GOP governor nominee
Democrats pick their fighter for uphill bid to flip deep-red Senate seat
69 live animals found stuffed in pillowcases in hidden car compartment after border arrest: Feds
Prosecutors hammer Tyler Robinson’s bid to derail death penalty in Charlie Kirk murder case
Maryland rocked by third beaver attack in weeks after 2 animals test positive for rabies
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.
