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 admin sues Penn State over in-state tuition policy for undocumented migrants
Colorado police officer killed, 3 more officers wounded after suspect opens fire near bus
Trump’s massive Arlington triumphal arch approved for construction by federal planning commission
Indiana, Florida and Alabama carry out rare US triple execution day
Watch: DeSantis Nails Midterm Blowout with Blunt Talk on Thune’s GOP Senate – ‘They Didn’t Even Attempt’ Bold Conservatism
Military Identifies Remains of WWII Soldier Who Served in Legendary Merrill’s Marauders
Big Blue Wave Gives Democrats the Power to Effectively End the Electoral College Before 2028
Vance ‘privately’ blasts Netanyahu as Iran war divides Trump administration and 2028 ambitions loom
Child molester’s looming prison release reignites sanctuary showdown in wake of Dem election sweep
DOJ Launches Criminal Investigation Into Leak of Supreme Court Decision That Overturned Roe v. Wade
Preview of What’s to Come: As Iowa Falls to Dems, Obama Judge Clears Way for Satanists to Take Over Statehouse
California’s Sky-High Minimum Wage Claims Another Victim as Major Outback Steakhouse Franchisee Is Forced to File for Bankruptcy
Trump signs proclamation to prevent changes to Oval Office, other White House rooms
Texas State Rep Calls for Emergency Session Put Guardrails on Executive Branch Before Dems Seize Power
Eight GOP Reps. Who Co-Sponsored Amnesty Bill Voted Out of Office
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.
