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.
These Christian Girls from Pakistan Were Forced Into Marriage by Muslims
White House blasts Cruz, Pompeo for trashing Trump peace efforts as Iran appeasement
NYT Makes Whopping Admission on AR-15s, AK-47s, Deals Devastating Blow to Gun Grabbers
California mayors revolt over Newsom bullet train plan they warn could ‘raid’ local tax bases
White House gunman had criminal record, history of mental health issues
Viral teen takeovers unleash chaos nationwide as malls, beaches and restaurants become battlegrounds
American Bar Association Deals Major Blow to DEI in Sweeping Change to Law Schools Across the Country
Spencer Pratt’s viral mayoral run gains traction in Los Angeles despite inconsistencies in messaging
NeverTrumper Bill Kristol Announces He’s a Dem, Gives Most Preposterous Reason for the Change
Dr. Janette Nesheiwat takes new role at Walter Reed treating Havana Syndrome: ‘A profound honor’
Agitators united by Chinese money, hate for America target data centers, experts warn
28 Boy Scouts rescued from fast-moving floodwaters during river trip in West Virginia
AOC tells New Yorkers to ‘pull up’ to Alabama during rally speech behind bulletproof glass
White House Shooter Dead After Secret Service Returned Fire
Feds subpoena Hasan Piker, Medea Benjamin over Cuba trips
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.
