By Fox News. The U.S. has reached an agreement with Mexico that heads off the start of tariffs on Monday.
The deal, announced by President Trump via tweet on Friday night, is said to include plans to return migrants seeking asylum to Mexico, where they will remain until their claims can be processed.
“I am pleased to inform you that The United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended,” he said. “Mexico, in turn, has agreed to take strong measures to….stem the tide of Migration through Mexico, and to our Southern Border. This is being done to greatly reduce, or eliminate, Illegal Immigration coming from Mexico and into the United States. Details of the agreement will be released shortly by the State Department. Thank you!”
….stem the tide of Migration through Mexico, and to our Southern Border. This is being done to greatly reduce, or eliminate, Illegal Immigration coming from Mexico and into the United States. Details of the agreement will be released shortly by the State Department. Thank you!
— Donald J. Trump (@realDonaldTrump) June 8, 2019
Trump had taken a tough position toward Mexico earlier in the day, tweeting, “If we are unable to make the deal, Mexico will begin paying Tariffs at the 5% level on Monday!” Mexico was able to avoid these tariffs on farm and agricultural products, according to Trump’s announcement.
Mexico promises to deploy its National Guard throughout Mexico, particularly at the border, increase actions to dismantle human trafficking operations to smuggle individuals across the border, and take extra steps to coordinate with the American government to share information and “better protect and secure our common border,” according to a statement from the State Department. (Read more from “U.S. Makes Deal with Mexico” HERE)
Trump Calls off Plan to Impose Tariffs on Mexico
By The New York Times. . .The president’s threat that he would impose potentially crippling tariffs on the United States’ largest trading partner and one of its closest allies brought both countries to the brink of an economic and diplomatic crisis — only to be yanked back from the precipice nine days later. The threat had rattled companies across North America, including automakers and agricultural firms, which have built supply chains across Mexico, the United States and Canada.
Businesses had warned that the tariffs would increase costs for American consumers, who import everything from cucumbers to refrigerators from Mexico, and prompt retaliation from the Mexican government in the form of new trade barriers that would damage the United States economy.
But the trade war ended before it began, forestalling that economic reckoning and an intraparty war that Mr. Trump had created by threatening tariffs to leverage the immigration changes he demanded. That tactic had drawn stiff protests from Republicans, including many senators, who have long opposed tariffs and worried the measure would hurt American companies and consumers. (Read more from “Trump Calls off Plan to Impose Tariffs on Mexico” HERE)