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.


Mystery stranger vanishes after family says frantic warning saved their lives during devastating house fire
WNBA Headache Gets Bigger: More Sophie Cunningham Rallies Scheduled
Nancy Guthrie update: DNA couldn’t be profiled from crime scene hair sample, sheriff says
GOP gubernatorial candidate fighting to flip blue state unveils healthcare plan to lower costs, expand access
WATCH: GOP holdout rejects Trump threat as AG nominee standoff explodes
Total Fraud: Adam Schiff Demands AI Political Parodies Be Banned, Forgets He Lied About Trump and Called It Parody in 2019
Hamas agrees to complete disarmament under ‘historic’ Gaza agreement: Trump
Schiff-backed candidate abruptly ends gubernatorial campaign amid rumblings of a damaging report
Watch: Chuck Schumer Gets in Shouting Match with Heckler During News Conference
Trump Announces Plan to Replace Illegal Alien Truckers with American Veterans
Trump promotes Freedom Haulers Initiative to fast-track military veterans into trucking jobs
Virginia university report finds officials did not disclose student’s terror conviction
Watch: Eagles Defensive Coordinator Repeatedly Mocks Fauci During News Conference
House panel demands classified briefings on noncitizen voting, alleged Chinese election interference
Georgia mother fights off alleged child snatcher with gas pump in surveillance video

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

See also  Academics and CEOs dominate Fed advisory boards

“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.”


Mystery stranger vanishes after family says frantic warning saved their lives during devastating house fire
WNBA Headache Gets Bigger: More Sophie Cunningham Rallies Scheduled
Nancy Guthrie update: DNA couldn’t be profiled from crime scene hair sample, sheriff says
GOP gubernatorial candidate fighting to flip blue state unveils healthcare plan to lower costs, expand access
WATCH: GOP holdout rejects Trump threat as AG nominee standoff explodes
Total Fraud: Adam Schiff Demands AI Political Parodies Be Banned, Forgets He Lied About Trump and Called It Parody in 2019
Hamas agrees to complete disarmament under ‘historic’ Gaza agreement: Trump
Schiff-backed candidate abruptly ends gubernatorial campaign amid rumblings of a damaging report
Watch: Chuck Schumer Gets in Shouting Match with Heckler During News Conference
Trump Announces Plan to Replace Illegal Alien Truckers with American Veterans
Trump promotes Freedom Haulers Initiative to fast-track military veterans into trucking jobs
Virginia university report finds officials did not disclose student’s terror conviction
Watch: Eagles Defensive Coordinator Repeatedly Mocks Fauci During News Conference
House panel demands classified briefings on noncitizen voting, alleged Chinese election interference
Georgia mother fights off alleged child snatcher with gas pump in surveillance video
See also  Academics and CEOs dominate Fed advisory boards

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