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.
Ballot box upset: Democrats flip Florida legislative seat in Trump’s stomping ground
Pritzker’s glowing review of lakefront resurfaces after college student killed by illegal alien nearby
President Trump Invokes Jesus While Pushing Senate to Pass the SAVE America Act
Oklahoma Governor Names Energy Executive to Fill DHS Secretary Markwayne Mullin’s Senate Seat
Angel mom, GOP blame Spanberger after illegal immigrant with 30 arrests charged in killing
Senate confirms DOJ fraud chief as Minnesota daycare scandal draws national scrutiny
BREAKING: Pentagon Reportedly Preparing to Send 3,000 Airborne Troops to Middle East
Op-Ed: Democrats Are Fighting for Ballot Baloney
Aid ships dock in Cuba as country faces economic and energy crisis
NTSB flags ‘conflicting information’ in LaGuardia tower, unclear who handled ground-control duties
Man accused of timed beatings now charged with murder after woman found dead in river: report
Gavin Newsom avoids calling himself a Zionist
Trump energy czar says Iran conflict gas spike is ‘temporary blip’ as drilling push ramps up
TSA callouts hit Houston, Atlanta, New Orleans hardest, 450 officers have quit nationwide
Chicago Democrat Suggests Woman Murdered by Illegal ‘Startled’ Her Killer, Shares Blame
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.
