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.
Report: Legacy Media ‘Journalist’ Caught Giving Marco Rubio the Finger During Press Conference
Obama and Susan Rice Reportedly ‘Broke Down and Cried’ After Trump’s 2016 Win
Mamdani plan pours millions into ‘racial equity’ offices and six-figure diversity jobs, cuts 5,000 NYPD jobs
Netflix faces consumer lawsuit as Warner Bros. merger scrutiny mounts
Bernie Sanders heads to California to rally support for the billionaire wealth tax
Duffy gives Illinois 30-day ultimatum after audit finds 1 in 5 noncitizen truck licenses issued illegally
Nigel Farage appoints JD Vance’s ‘British sherpa’ as head of policy for Reform UK
How to watch President Trump’s 2026 State of the Union address to Congress live
Climate groups sue Trump administration over EPA’s bombshell deregulation decision
Trump Admin Cancels Visas for 100,000 Foreign Nationals Who Don’t Meet American Standards
Developing: Bad News as DNA Results in Guthrie Kidnapping Come in to FBI
‘Devil in the Ozarks’ gets more prison time for escaping, now in supermax facility
Bald eagle floating on Hudson River ice rescued by NYPD
Minnesota Officials Forced to Sound the Alarms Over Fungal STD Outbreak
Watch: Whoopi Goldberg Rushes to Explain Why She Was in the Epstein Files Seeking to Use His Private Jet
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.
