Hope grows for deal to ward off Trump's tariffs on Mexican imports

Hope grows for deal to ward off Trump's tariffs on Mexican imports

Hope grows for deal to ward off Trump's tariffs on Mexican imports

In a last-ditch attempt to find a resolution, a Mexican delegation including Foreign Minister Marcelo Ebrard is set to take part in talks at the White House on Wednesday afternoon, hosted by U.S. Vice President Mike Pence.

Trump threatened on Thursday to impose a 5-percent tariff on Mexican products as of June 10 and gradually increase the figure to 25 percent in October if Mexico does not stop the flow of illegal migration that reaches the common border.

Ebrard tells reporters at the Mexican embassy that "several points were made that require a more detailed discussion".

He said he was certain the United States would help if Mexico City put more resources into policing its southern border. He is not detailing the positions of either country.

New Mexico, Texas and Arizona imported 603,488 head of Mexican feeder through May 31, up 20% from a year earlier, according to the U.S. Department of Agriculture.

Senate Majority Leader Mitch McConnell told reporters following a closed-door lunch with White House officials on Tuesday that there's "not much support" for tariffs within his party.

Meanwhile, Mexico said it sees a good chance of avoiding the proposed tariff, with an agreement likely Wednesday.

Trump tweets from Ireland that, "Progress is being made, but not almost enough!"

The question is whether Congress would have enough Republicans on board this time to overrule Trump's veto.

The United States-Mexico-Canada Agreement would replace the North American Free Trade Agreement and the biggest concerns about ratification had come from congressional Democrats in the USA who have questioned how Mexico would enforce labor reforms that strengthen unions.

House Speaker Nancy Pelosi is warning that President Donald Trump's trade tariffs on Mexican imports would be "punishing" for both countries.

USA border officers apprehended more than 132,000 people crossing from Mexico in May, the Trump administration said on Wednesday, the highest monthly total in more than a decade and reaching what officials said were "crisis" levels. The California Democrat also says it's not a way to deal with immigration.

During a visit to Ireland on Wednesday, Trump said Mexico could still stop the tariffs being imposed. But one Trump ally, Republican Sen.

Trump, in Europe, quickly rebuffed the NY lawmaker, saying on Twitter, "Can you imagine Cryin' Chuck Schumer saying out loud, for all to hear, that I am bluffing with respect to putting Tariffs on Mexico". All she has now, she says, are his tweets and comments.

Two White House officials, speaking on condition of anonymity, said the USA delegation, led by Vice-President Mike Pence, will listen to Mexico's ideas for delivering on Trump's demands that the country step up its efforts to halt Central American migrants from making their way to the US southern border. And I think they will stop it.

An official list of USA products that could be subject to retaliatory tariffs if the duties take effect is principally tailored toward products from agricultural and industrial states regarded as Trump's electoral base, a Mexican official said.

The officials spoke on condition of anonymity because they weren't authorized to discuss expectations publicly ahead of the meeting.

Automakers say they're anxious about the ripple effect while others believe President Trump's line in the sand with Mexico is appropriate, and necessary.

If the duties are imposed, US cattle feeders will import fewer cows due to the increased cost, said Derrell Peel, agricultural economist at Oklahoma State University, a situation that may leave them with empty space in their feed yards or paying more for USA -born cattle.

All sides, including officials from Mexico meeting with Trump negotiators in Washington this week, remain hopeful that high-level talks will ease the president away from his threat.

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