Published: Fri, June 07, 2019
Finance | By Loren Pratt

Mexico tariffs on track to take effect Monday: W.House

Mexico tariffs on track to take effect Monday: W.House

Mexico has prepared a list of possible retaliatory tariffs targeting US products from agricultural and industrial states regarded as Trump's electoral base, a tactic China has also used with an eye toward the Republican president's 2020 re-election bid. 'But I think there is the ability - if negotiations continue to go well - that the president can turn that off at some point over the weekend, ' he said, CNN reported.

The head of the US House Ways and Means Committee on Thursday vowed to take steps aimed at blocking tariffs on Mexican goods if US President Donald Trump moves ahead with his economic threat to levy such imports on Monday. However, U.S. agricultural exports are expected to be among those hardest hit by any retaliatory tariffs imposed by Mexico, which is the top importer of U.S. corn, wheat, pork and dairy by volume.

All of which is to say: Mexico had a wide variety of reasons to believe that Trump would ultimately back down.

"The U.S. Chamber of Commerce is weighing a lawsuit against the White House over President Trump's latest round of tariffs", reports USA TODAY'S Nathan Bomey. "But something pretty dramatic could happen".

"If we are able to make the deal with Mexico, & there is a good chance that we will, they will begin purchasing Farm & Agricultural products at very high levels, starting immediately", Trump tweeted. It remains unclear, however, whether enough Republicans would break with Trump to override the tariffs altogether.

Mexican officials are in talks with US cabinet members in Washington this week to prevent President Donald Trump from slapping a 5 per cent tariff on all imports from Mexico on June 10.

"We wish that members of Congress would spend as much time looking to fix the problem legislatively as they do bellyaching about what the President is doing trying to fix the problem", Short said when asked about Republican opposition to his tariffs.

'Our position is still the same and we're moving forward with the tariffs.

Pence, who led the discussions Wednesday with Secretary of State Mike Pompeo and other US officials, told reporters in Pennsylvania that the administration had "made it very clear that our neighbors to the south, Mexico, must do more to end the tide of illegal immigration that is besetting our southern border". The U.S. once again pressed Mexico to step up enforcement on its southern border and to enter into a "safe third country agreement" that would make it hard for those who enter Mexico from other countries to claim asylum in the U.S. Mexico has long resisted that request.

Ebrard said earlier Thursday that there were unspecified "advances" after meeting with officials at the State Department.

The vice president says President Donald Trump "is going to stand firm" until what he sees as an immigration crisis is resolved.

A string of caravans - some of them as many as 5,000 people - have set out from Central America over the past year. The officials were not authorized to discuss the matter publicly and spoke on condition of anonymity. Neal said Trump's action "commandeering USA trade policy to influence border security" is an abuse of power.

The two sides met on Wednesday for discussions led by Vice President Mike Pence in an effort to strike a deal that would satisfy the USA president, who has called for the imposition of tariffs from Monday.

US border officers apprehended more than 132,000 people crossing from Mexico in May, the highest monthly level since 2006.

Like this: