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.
Not Only Is Radical, Senile Maxine Waters Refusing to Retire at 87, She Could Chair Powerful Committee Come Next January
Netflix Hikes Prices for Second Time in Just Over a Year
NASA races to build moon base as US challenges China in new space race
Soros-backed group among liberal orgs pumping eye-popping cash into Virginia gerrymandering effort
Spanish government’s Jimmy Gracey autopsy claims stump forensic expert: ‘problem for me’
Texas Man Lashes Out in Stabbing Attack After Hearing Bible Conversation
Blue State Senator Admits How Democrats Prioritize Illegals in Resurfaced Clip
House GOP rams through new DHS funding plan with shutdown far from over
Facial recognition helped crack alleged student murder by illegal migrant – new bill could ban it: ret. cop
Trump administration locks out Greg Bovino from all social media accounts
Schumer’s prized 2026 recruits won’t commit to keeping him as Senate leader
Spanberger denies ‘deal’ with swing-district Democrat as gerrymandering claims abound statewide
House Republicans pass rival DHS plan, setting up Senate fight as shutdown set to become longest in history
Fulton County makes case for return of 2020 ballots seized by FBI
At least 2 students killed, several injured in school bus crash in Tennessee: ‘A parent’s worst nightmare’
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.
