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.
Biden’s classified docs narrative crumbles amid release of ghostwriter tapes: ‘Be careful’
Trump Calls on John Thune to Hold Senators in D.C. Until They Terminate the Filibuster
Netflix Executive Takes Legal Action After Being Fired for Workplace Retreat Confession
Senate clears way for Trump’s top spy as key anti-terror program remains in limbo
In Just One Diocese, 7 Catholic Churches Are Canceling Sunday Mass Entirely as Minnesota’s Self-Destruction Continues
Op-Ed: Sparing Our Children from a Nuclear Iran
Luigi Mangione plea talks raise showdown over Brian Thompson murder trial
9/11 families push to ban Mamdani from 25th anniversary remembrance over ‘hostile’ record
Thune pours cold water Trump’s call to axe August recess for SAVE America Act
Illegal immigrant accused of murdering college student dials into hearing from hospital bed
Trans influencer breaks silence after Trump’s comparison to CNN anchor at WHCA Dinner
Police Searching for Second Suspect After Deadly Shooting at Seattle Festival
Episcopal Church Headquarters Forced to Evacuate After Nearby Manhattan Tower Sagged
‘Shame on you’: Sherrill knew voter-roll bombshell was coming when she called Trump a liar, DOJ official says
Trump demands Thune keep Senate in session until SAVE America Act passes
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.
