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.
Pastor of Cities Church Speaks Out After Don Lemon’s Arrest
Behind the scenes: Trump and White House rally behind Noem as ‘radicals’ demand ouster
US escalates sanctions on Iranian officials as Trump considers military options
WATCH: If Trump Bowed to Dems on Narco-Boats, Nearly 1 Million Americans Could Die, And 126 Narco-Terrorists Would Be Alive – That’s What Today’s Democrats Are Demanding
EXCLUSIVE: Epstein emails to be released as DOJ says no criminal or inappropriate conduct by Trump
Reporter’s Notebook: Senate funding deal hits snag as Graham presses sanctuary city vote
Watch: Trump’s Hilariously Honest Response to Reports He Fell Asleep During the Last Cabinet Meeting
Texas Issues Disaster Declaration as Flesh-Eating Parasite Spreads North from Mexico
Federal agents arrest 3 more people in connection to Minnesota church storming
Accused US killer captured in Mexico after monthslong international manhunt for recycling bin murder
Damning Video: Trump Plays Elizabeth Warren’s Eulogy for Alex Pretti Over Footage of Pretti Wildly Attacking ICE, Destroying Property – the Result Is Truly Blistering
Ilhan Omar Has Bizarre Response When Questioned About What She Did After Being Sprayed by Vinegar
Federal judge backs away from threat to hold ICE leader in contempt
Trump and GOP eye midterm convention cities in high-stakes bid to hold House, Senate
Trump officials work to ease tensions in Minneapolis as secretive negotiations progress
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.
