International News Opinons

Trump Pours Cold Water on Notion that Mexico Tariffs Will be Avoided

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.

National Weather Service dragged for ‘Transgender Day of Visibility’ tweet: ‘Just do the weather’
Daughter of former US intelligence director gets 35 years for deadly stabbing
Major Battleground State Proposes Massive Election Reforms, Including Mandating Voter ID
DHS OIG finds millions in American Rescue Plan funds misused by NGOs, given to ‘gotaway’ illegal immigrants
Trump to travel to New York City Monday before Tuesday arraignment, return to Florida hours later
Grandmother Falls Trying to Escape House Fire, Then an ‘Angel Came Out of Nowhere’ And Saves Her
Fact Check: George Soros Responds to Trump Indictment by Claiming He Didn’t Fund Alvin Bragg – Is That True?
Nashville Shooter Was ‘Obsessive’, ‘Stalkerish’ Toward Female Friends, Sent Odd Gifts and Messages
Trump indictment unlikely to sway Wisconsin Supreme Court race
VA Tech Chief’s Ties to Democratic Operative Revealed After Veterans’ Service Records Leaked
Planned Parenthood sues Missouri AG over investigation into trans procedures
‘The View’ Host Pushes for Republican to Run Against Trump, But Did She Mispronounce His Name?
Pennsylvania Sen. John Fetterman released from hospital after treatment for depression
Indiana men get 220 years each for quadruple homicide, apartment robbery
Stefanik rips Pelosi as a ‘radical authoritarian’ for saying Trump needs to ‘prove his innocence’

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.

Share this article:
Share on Facebook
Tweet about this on Twitter

→ What are your thoughts? ←
Scroll down to leave a comment: