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Deal Reached With Mexico on Tariffs

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Deal Reached With Mexico on Tariffs

Just days before they were to go into effect, apparently US and Mexican officials have reached an agreement that would avoid President Trump’s threatened tariffs on the import of Mexican goods, into the US.

The deal, which was announced by President Trump via a tweet on the evening of Friday, June 7, 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 [June 10], 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!”

What Did Mexico Agree To?

According to Fox News, before announcing his victory that evening, earlier in the day, the president took a hard line toward Mexico, 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.

According to a statement from the State Department, as part of the deal — the full details of which are yet to be announced — Mexico has promised to deploy its National Guard throughout the country, particularly at the border, and to increase actions to dismantle human trafficking operations to smuggle individuals across the border. They also pledged to take extra steps to coordinate with the American government to share information and “better protect and secure our common border.”

Even members within Trump’s party had, in the days leading up to Friday’s announcement, advised against imposing tariffs on Mexico, warning of the calamity it could cause for both nation’s economies. Also of concern — the possibility of hindering a trade deal with Mexico and Canada.

Trump was proposing a 5 percent tariff on Mexican goods, which would increase up to 25 percent every month, potentially harming American consumers and manufacturers who purchased $378 billion worth of Mexican imports in 2018.

Republican leader Kevin Brady of the House Ways and Means Committee congratulated Trump on the agreement, calling it a “strong win for Texas and America.”

2 COMMENTS

  1. The immigration deal was agreed to by Mexico back in March, Trump timed it to make it look like his tariff threats were the reason ,just another smoke screen from Trump.

  2. Sleezy third world criminal Hispanic Mexico plays right along with the cartels accepting bribes on drugs and human trafficking. No joke it is big business and under threat of violence and death to to the corrupt officials family. Hispanics are natural born criminals. The truth be known.

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