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.


Hawaii Gov. Josh Green cruises to Democratic primary win, sets up fall matchup with GOP nominee
Hawaii rep cruises to Dem primary win after challenger arrested for beach brawl
Trump’s 4th of July fireworks display on National Mall confirmed as largest in history
Florida man allegedly kills family’s kittens in front of teenage daughter as form of punishment: officials
Watch: WNBA Player Ejected After Nearly Taking Off Sophie Cunningham’s Head With Clothesline Maneuver
EXCLUSIVE: Teen girls recall Jersey Shore ride malfunction that left them stuck hanging upside down
Trump’s White House ballroom foes face ‘very tough argument’ at Supreme Court, legal experts say
Fauci in the congressional wringer: a test for Trump’s newly-minted Attorney General
Graham replacement hopefuls make final pitches before special election: Iran war, DSA, Flock cams and more
The Hitchhiker’s Guide to what the Senate did and didn’t do overnight
One year on, US-brokered peace between Armenia and Azerbaijan cements US foothold in the Caucasus
Joe Biden’s cancer has spread further, leaving him in ‘very painful’ condition, Hunter reveals
Florida business owners allegedly scattered 1,500 mothballs on beach to send endangered birds packing
Don Lemon Whines to Judge and Blames Trump in Bid to Get Indictment Thrown Out
Cornell bans bear butchering after students carved up creature in dorm kitchen

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

See also  Don Lemon moves to dismiss case over Minnesota church protest on selective and vindictive prosecution claims

“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.”


Hawaii Gov. Josh Green cruises to Democratic primary win, sets up fall matchup with GOP nominee
Hawaii rep cruises to Dem primary win after challenger arrested for beach brawl
Trump’s 4th of July fireworks display on National Mall confirmed as largest in history
Florida man allegedly kills family’s kittens in front of teenage daughter as form of punishment: officials
Watch: WNBA Player Ejected After Nearly Taking Off Sophie Cunningham’s Head With Clothesline Maneuver
EXCLUSIVE: Teen girls recall Jersey Shore ride malfunction that left them stuck hanging upside down
Trump’s White House ballroom foes face ‘very tough argument’ at Supreme Court, legal experts say
Fauci in the congressional wringer: a test for Trump’s newly-minted Attorney General
Graham replacement hopefuls make final pitches before special election: Iran war, DSA, Flock cams and more
The Hitchhiker’s Guide to what the Senate did and didn’t do overnight
One year on, US-brokered peace between Armenia and Azerbaijan cements US foothold in the Caucasus
Joe Biden’s cancer has spread further, leaving him in ‘very painful’ condition, Hunter reveals
Florida business owners allegedly scattered 1,500 mothballs on beach to send endangered birds packing
Don Lemon Whines to Judge and Blames Trump in Bid to Get Indictment Thrown Out
Cornell bans bear butchering after students carved up creature in dorm kitchen
See also  Senate committee advances Todd Blanche’s attorney general nomination

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