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.
CBS Continues Overhaul Under Bari Weiss, as Key Anchor Goes ‘Rogue’: Report
Young Americans Are Getting Absolutely Fed Up with the American Duopoly: Poll
Trump taps new architect to reshape White House as $300M ballroom build accelerates
Tom Homan fumes at protester who called him racist during clash at TPUSA event: ‘Grow a backbone’
Mamdani breaks with Adams, vows NYC will stop clearing homeless encampments in January
Arkansas county jail becomes major ICE pipeline as arrests surge under Trump crackdown
Mamdani says NYPD commissioner apologized after her brother called him ‘enemy’ of the Jewish people at gala
Harvard professor detained by ICE after Boston synagogue shooting, agrees to voluntarily leave US
Democrats’ anger at federal government hit record high just days before shutdown: Pew poll
DHS arrests dozens of illegal immigrants within 24 hours of launching New Orleans operation
Breaking: DC Pipe Bomb Suspect’s Family Has History of Working to Free Illegals from ICE, Sued the Trump Admin, And Used Trayvon Martin’s Lawyer to Fight So-Called Racism
Washington DC lights the National Christmas Tree
Ex–New York State official accused of spying for China called Hochul ‘more obedient’ than Cuomo, trial reveals
US carries out 22nd strike on alleged drug vessel operated by a Designated Terrorist Organization
‘I Didn’t Stutter’: Stephen A. Smith and Sunny Hostin Clash on ‘The View’ Over Video Urging Troops to Ignore Trump
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.
