Finance International News

Trump Swipes at Schumer After Top Dem Claimed President Won’t ‘Follow Through’ on Tariffs

President Trump took a swipe Tuesday night at Senate Minority Leader Chuck Schumer, D-N.Y.,  who said he believes Trump ultimately will back down on the threat of tariffs on all goods coming into the U.S. from Mexico.

“Can you imagine Cryin’ Chuck Schumer saying out loud, for all to hear, that I am bluffing with respect to putting Tariffs on Mexico. What a Creep. He would rather have our Country fail with drugs & Immigration than give Republicans a win. But he gave Mexico bad advice, no bluff!” Trump tweeted.


President says Chicagoans are ‘chanting bring in Trump’ after violent downtown riot leaves 8 shot, 1 dead
JFK’s granddaughter, Tatiana Schlossberg, reveals terminal cancer diagnosis in heartbreaking essay
Op-Ed: The Aftermath of No Kings and the Warning it Sends to Us All
Fact Check: Has the Coast Guard OK’d Swastikas, Other Hate Symbols Under Hegseth Changes?
Explosion rocks senior living apartment building in Ohio, multiple people injured
Trump Terminates Immigrant TPS Status in Minnesota to Destroy ‘Hub of… Money Laundering’ Under Governor Walz
‘Marjorie Traitor Brown’: Trump Responds to MTG’s Resignation
Israel launches attack in Gaza that Hamas says could mean ‘collapse’ of ceasefire
Chicago train fire attack shows why ‘decarceration’ policies are putting lives at risk: expert
Minneapolis police chief issues apology for linking Somali youth to local crime
Trans Activist Named Cassidy Mal Lyss (“Malice”) Arrested on 2nd Arson Charge – Previously Asked if He Could Begin Burning Churches
Reporter’s Notebook : A ‘Letter’ To Zelesnkyy Re The Peace Plan
FBI Gives Its Final Verdict on Trump Shooter Thomas Crooks
California gubernatorial hopeful Eric Swalwell embraces role as Trump’s loudest critic amid new DOJ probe
Sen. Slotkin’s home targeted with bomb threat days after she told troops to defy ‘illegal’ orders

The president last week threatened to impose the monthly tariff which would rise to a total of 25 percent by October.

See also  Republicans facing ‘worst-case scenario’ in redistricting war as midterm elections near

“Frankly, I don’t believe that President Trump will actually go through with the tariffs,” Schumer said on the Senate floor. “President Trump has a habit of talking tough and then retreating, because his policies often can’t be implemented or don’t make sense… so I wouldn’t be surprised at all if President Trump doesn’t follow through on these tariffs, either.”


President says Chicagoans are ‘chanting bring in Trump’ after violent downtown riot leaves 8 shot, 1 dead
JFK’s granddaughter, Tatiana Schlossberg, reveals terminal cancer diagnosis in heartbreaking essay
Op-Ed: The Aftermath of No Kings and the Warning it Sends to Us All
Fact Check: Has the Coast Guard OK’d Swastikas, Other Hate Symbols Under Hegseth Changes?
Explosion rocks senior living apartment building in Ohio, multiple people injured
Trump Terminates Immigrant TPS Status in Minnesota to Destroy ‘Hub of… Money Laundering’ Under Governor Walz
‘Marjorie Traitor Brown’: Trump Responds to MTG’s Resignation
Israel launches attack in Gaza that Hamas says could mean ‘collapse’ of ceasefire
Chicago train fire attack shows why ‘decarceration’ policies are putting lives at risk: expert
Minneapolis police chief issues apology for linking Somali youth to local crime
Trans Activist Named Cassidy Mal Lyss (“Malice”) Arrested on 2nd Arson Charge – Previously Asked if He Could Begin Burning Churches
Reporter’s Notebook : A ‘Letter’ To Zelesnkyy Re The Peace Plan
FBI Gives Its Final Verdict on Trump Shooter Thomas Crooks
California gubernatorial hopeful Eric Swalwell embraces role as Trump’s loudest critic amid new DOJ probe
Sen. Slotkin’s home targeted with bomb threat days after she told troops to defy ‘illegal’ orders
See also  ‘Ms. Halligan was not a puppet’: DOJ says Trump’s dislike of Comey isn’t grounds to toss case

It is unclear what more Mexico could do — and what would be enough — to satisfy Trump on illegal immigration, a signature issue of his presidency.

The United States has not presented concrete benchmarks to assess how sufficient the U.S. ally would be stemming the migrant flow from Central America. Mexican officials have called the potential tariffs hurtful to the economies of both countries and useless to slow the northbound flow of Central American migrants.

Lawmakers and business allies have worried publicly that the tariffs would derail the long-promised United-States-Mexico-Canada Agreement (USMCA) — a rewrite of the North American Free Trade Agreement (NAFTA) that Trump had promised to replace.

Trump has indicated he will rely on the International Emergency Economic Powers Act, a national emergency executive action he can take without congressional approval.

Republican senators are declaring deep opposition.

All sides, including officials from Mexico meeting with Trump negotiators in Washington this week, have remained hopeful that high-level talks would ease the president away from his threat. But, with the tariffs set to start next Monday, some Republicans in Congress have warned the White House they’re ready to stand up to Trump.

Story cited here.

Share this article:
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter