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.


Trump pivots on strikes while dangling Iran deal, testing whether Tehran blinks
Family of Would-Be Beheading Victim Caves – First Statement Is Music to Leftist, Pro-Open Borders Politicians and Media
Trump nominates Jay Clayton, former SEC chairman, current US Attorney, as intelligence director
Breaking: Pentagon Locked Down as Hazmat Teams Swarm to Building
‘Severe’ Pentagon lockdown sparks emergency response as hazmat teams sweep area
WATCH: Trump DHS escalates pressure over migrant child warnings it says Biden ignored: ‘Move heaven and hell’
Gordie Howe bridge opening pushed back over unnamed ‘issues’ after Trump-Canada feud
Austin Metcalf’s dad expresses empathy for Karmelo Anthony as killer’s parents say ‘they did a number on us’
DOJ accuses Jamaican woman of committing marriage fraud and lying to boost disability benefits
WATCH: Philadelphia police release new video of two suspects in Penn State student’s fatal robbery
Breaking: Trump Says US Will Seize Iranian Territory and ‘Assume Total Control of Their Oil and Gas Markets’
Outrageous: Black Advocates Move to Have Austin Metcalf’s Brother Arrested, Charged as Accessory to Murder
Chip Roy fields proposal to block pay and power for longtime lawmakers
Second Amendment fights grow across several states over 3D-printed gun laws
DEADLY PHOTO: We Now Know What Karmelo Anthony’s Knife Looked Like, and It Was No Quaint Leatherman Multitool

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

See also  Tom Steyer wastes $550 million and ‘everyone’s time’ in failed governor and presidential bids

“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.”


Trump pivots on strikes while dangling Iran deal, testing whether Tehran blinks
Family of Would-Be Beheading Victim Caves – First Statement Is Music to Leftist, Pro-Open Borders Politicians and Media
Trump nominates Jay Clayton, former SEC chairman, current US Attorney, as intelligence director
Breaking: Pentagon Locked Down as Hazmat Teams Swarm to Building
‘Severe’ Pentagon lockdown sparks emergency response as hazmat teams sweep area
WATCH: Trump DHS escalates pressure over migrant child warnings it says Biden ignored: ‘Move heaven and hell’
Gordie Howe bridge opening pushed back over unnamed ‘issues’ after Trump-Canada feud
Austin Metcalf’s dad expresses empathy for Karmelo Anthony as killer’s parents say ‘they did a number on us’
DOJ accuses Jamaican woman of committing marriage fraud and lying to boost disability benefits
WATCH: Philadelphia police release new video of two suspects in Penn State student’s fatal robbery
Breaking: Trump Says US Will Seize Iranian Territory and ‘Assume Total Control of Their Oil and Gas Markets’
Outrageous: Black Advocates Move to Have Austin Metcalf’s Brother Arrested, Charged as Accessory to Murder
Chip Roy fields proposal to block pay and power for longtime lawmakers
Second Amendment fights grow across several states over 3D-printed gun laws
DEADLY PHOTO: We Now Know What Karmelo Anthony’s Knife Looked Like, and It Was No Quaint Leatherman Multitool
See also  Spencer Pratt falls behind Nithya Raman in LA mayoral race after latest vote update

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