President Donald Trump on Friday appeared to step back from the brink of imposing unpopular new tariffs on Mexico, saying he saw a good chance the two sides would be able to strike a deal by Monday to stem the flow of migrants at the U.S. border.
Trump's optimistic remarks followed a morning of mixed messages from the administration over whether the duties would go into force. Trump plans to impose a 5 percent tariff on approximately $350 billion worth of Mexican goods unless Mexico significantly increases its efforts to check the northward flow of Central Americans seeking asylum in the U.S.
“There's a legal notification that goes forward today with a plan to implement [Mexico] tariffs on Monday, 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," a top Pence aide, Marc Short,Top White House economist Kevin Hassett also told CNBC on Friday "the real news" is that the talks with Mexico have "proceeded very favorably.
Trump left for the long-scheduled trip shortly after announcing his tariff plan. Sanders said he has "been getting regular updates" on the talks from Pence,Sanders said Trump had not spoken with Mexican President Andrés Manuel López Obrador as of earlier on Friday. She said she wasn't sure if the talks would stretch into the weekend.
He just manipulates the market.
Republicans got to him!
🤣🤣🤣 he's an embarrassment
Trump will back down anyway. And Mexico will play him with a deal because they know they cannot stop migration. Trump will finally realize after numerous pleas and explanations from Repubs that it's a TERRIBLE MESS to put 400 thousand people out of work.
I am so sick of Trump's crazy ideas which he vomits when he has nothing better to do. Then when he realizes that he has messed up he has to start walking the crazy idea back. Can't someone shut him up?
Pretty sure the executive order needs to be in tonight to get tariffs by Monday
Well, try napalm! I'll wager that's what President Bone Spurs is waiting for!🤔
Cuz that's how you treat your allies.
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