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.
As Trump’s popularity plummets, House Democratic target emerges in red Indiana
California voter ID ballot measure could be rare GOP statewide win
How the midterm elections will set Democrats up for 2028 success or failure
The Big Bad Guy Behind Unaffordable Housing Almost No One Names: Zoning Laws
Donalds rips opponent’s ‘complete 180’ as Dem’s own 2016 words come back to haunt him in tightening gov race
WATCH: Mike Lee explodes on voting error that ‘keeps happening’ as huge number of noncitizens found on rolls
UMass Dartmouth football murder suspect overstayed tourist visa, received deferred action: federal sources
Pittsburgh doctor stabbed to death after intruder allegedly attacks him, wife as they slept: police
New Jersey Gov Mikie Sherrill calls on lieutenant governor to resign after sexual harassment investigation
FBI says source of its jobs portal breach still unknown as hackers allege employee data compromised
Mamdani-backed socialist arrested at anti-Netanyahu protest outside UN
Michigan nurse accused of breaking bones and bruising premature infant at children’s hospital
Xi can’t escape protesters’ cries at deafening dinner demonstration
College Basketball Coach-Turned ESPN Personality Dies at 47
Watch: Xi Descends Into Laughter as Trump Shows off ‘President Autopen’ Picture in Place of Joe Biden’s Portrait
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.
