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.
Leftists Beg College Athletes to Ditch SEC Schools in States with Redistricting
Costco Recalls Popular Item After Person Suffers Second-Degree Burns
MTG says GOP’s future ‘destroyed’ after Trump-backed primary challenger defeats Thomas Massie in primary
Trump admin accuses Hamas of backing Gaza flotilla, sanctions activist and Muslim Brotherhood networks
Trump roils Senate GOP amid struggles with immigration bill
Meet the four Pennsylvania Democrats who could flip control of the House
Poland offering US ‘firsthand experience’ to help transition Cuba from communism
Georgia Republicans head to runoff in secretary of state race defined by 2020 election claims
DHS blasts California sanctuary policies after jail releases illegal immigrant accused in hit-and-run
Squad-endorsed socialist wins heated primary to represent America’s birthplace
Former top Oregon GOP official secures nomination for governor as Republicans target blue-state pickup
Trump-backed senator cruises to primary win, setting up potential 4th term
Man accused of killing partner arrested in Mexico nearly two years after fleeing with their two children
Bob Brooks wins Pennsylvania’s 7th District primary to take on Ryan Mackenzie in general election
Three stabbed at crowded Rhode Island beach as hundreds of teens pack area, police say
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.
