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.
Trump administration proposes six-figure price tag for new H-1B visas
Trump admin eyes historic mass visa revocation targeting up to 200K asylum seekers: report
Watch: Scott Bessent Announces Details of ‘Unprecedented Campaign’ Against ‘Iran and Its Enablers’
‘Moderate’ Dem gubernatorial candidate embraced DEI budget tool, Green New Deal-style policies
Trump scores Supreme Court win on mail-in voting restrictions before midterms
San Francisco 49ers Owner Arrested at Trailer Park in East Palestine, Ohio
Oklahoma-based Southwest Airlines flight attendant found dead in Hawaii, police investigating
UK gives missile blueprints to Ukraine as relations with Russia collapse
Manhunt for Massachusetts woman ends with grim discovery week after police officer husband found dead at home
Tree-Trimmer Arrested After On-the-Job ‘Prank’ Leaves Co-Worker Dead
Washington Post Ordered to Re-Hire Columnist Who Made ‘Beyond the Pale’ Comments on Day of Charlie Kirk’s Assassination
Trump takes children on tour of helipad and ballroom construction sites
Trump touts endorsement power ahead of vital primary competitions
Clarence Thomas scorches racial litmus tests policing thought: ‘Stay Black and die’
El-Sayed distances himself from Hasan Piker after disturbing remarks about Jewish Americans
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.
