Thursday, June 6, 2019

US, Mexico In Last Ditch Attempt To Avoid Tariffs

It's unclear how much progress can be made on any deal before Trump returns from his trip abroad. Immigration discussions at the White House with representatives of Mexico have ended for the day.

Progress is being made, but not nearly enough! Border arrests for May are at 133,000 because of Mexico & the Democrats in Congress refusing to budge on immigration reform.

Further.... - Donald J. Trump June 5, 2019 ....talks with Mexico will resume tomorrow with the understanding that, if no agreement is reached, Tariffs at the 5% level will begin on Monday, with monthly increases as per schedule.

Ultimately, Trump has said he also believes Mexico wants to make a deal, but what they have proposed so far hasn't been sufficient.

The biggest assurance that the US is seeking, according to Peter Navarro, a White House advisor on trade, is an assurance that Mexico will hold asylum seekers on its side of the border while they await heir asylum hearings.

The most important thing is for Mexico to take the asylum seekers.

Mexican President Andres Manuel Lopez Obrador has maintained a consistently conciliatory tone, refusing to speculate about what Mexico might do to respond to the tariffs if Trump follows through next week - something Trump described as a virtual certainty during a press conference with Theresa May..

https://www.zerohedge.com/news/2019-06-06/us-mexico-last-ditch-attempt-avoid-tariffs

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