Trump Puts Tariffs on Mexico Until Illegal Immigration is Stopped

Fredrick Soto
June 4, 2019

"I wouldn't call him risk-adverse - he's been known to play with fire, but not live hand grenades", Mr. Kennedy said Sunday on the CBS program "Face the Nation", saying a 25% tariff on Mexico could tank the US economy.

Senior officials from Mexico will hold talks with the Trump administration today after the president threatened to impose a 5 per cent levy on June 10 on all goods imported from the country. He...

The U.S. purchases $346 billion worth of imports from Mexico each year (source: Office of the U.S. Trade Representative).

There are hopes that Trump and Chinese President Xi Jinping will meet at the G20 summit this month to jumpstart negotiations.

Ebrard told reporters Monday that Mexico had already prevented 250,000 migrants from traveling to the U.S. border, and that the only solution to the crisis is a comprehensive development plan for Guatemala, El Salvador and Honduras, where majority come from. The tariffs, which would start at 5%, could gradually rise as much as 25% this year.

But Mexican Foreign Minister Marcelo Ebrard replied Monday that both countries working together is "the best way to do it".

Mexico said Monday it will go only so far to avert the duties and absolutely ruled out a "third safe country" agreement that would require asylum seekers to apply for refuge in Mexico first.

A top economics advisor to President Donald Trump said Monday he is hopeful on the outcome of talks with Mexico on immigration and the threat of U.S. trade sanctions.

Ebrard said he will be "firm and protect the dignity of Mexico".

Marquez told reporters her team is assessing potential reprisals in case the diplomatic efforts do not bear fruit this week. It plans to stick with the whole fruit, Hartung said.

Last week, the Morales government signed an agreement with the United States aimed at containing migration. Trump last week ordered a 5 percent tariff on imports from Mexico.

Trump has issued similar tariff threats in the past only to scale back at the last minute.

However, he said a more radical proposal favored by some US officials to designate Mexico a "safe third country", which would force Central Americans seeking asylum in the United States to instead seek that status in Mexico, is not an option.

He will according to BBC spend three days in the United Kingdom along with first lady Melania Trump.

Carlson's conclusion would be proven correct all too soon, but his fidelity to factual debate and numbers did not survive the interview with his first guest, White House Director of Trade Policy, Peter Navarro.

Mick Mulvaney, the acting White House chief of staff, said on "Fox News Sunday" that the president is "deadly serious".

GOP Sen. John Kennedy of Louisiana, called the tariffs a "mistake" and said it was unlikely Trump would impose them.

Mulvaney's optimism, however, is not shared by the business community. Some see this latest threat as a play for leverage and doubt Trump will follow through.

Do I agree with Trump's decision to force Mexico to do something about the illegal crossings in the porous US-Mexico border?

Wall Street has already been shaken by the trade war with China. "Because of the Dems, our Immigration Laws are BAD".

As President Donald Trump threatens to impose sweeping duties on imports from Mexico, lawmakers from both sides of the aisle are warning of widespread consequences for the USA economy.

U.S. business groups have opposed the tariff plan and the U.S. Chamber of Commerce is looking at ways to challenge it, including legal options.

The company also said its margins would be reduced by 20-30 basis points if the tariffs were to take effect. But Australia's full exemption appears to have been the work of Prime Minister Malcolm Turnbull, who reached a handshake deal with Trump in 2017 to avoid the tariffs. Senate Finance Chairman Charles Grassley also said the USMCA would be in jeopardy. Mexico has signaled it would retaliate to the tariffs, with targets likely to include farm products on Trump supporting states.

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