United States President, Donald Trump, says that there isn’t enough headway being made with Mexico in regards to avoiding his jeopardizing tariffs. Agents of the Trump administration are set to meet for the second day of discussions with the foreign Minister of Mexico, Marcelo Ebrard. Trump plans to enforce import fees of 5 percent at the beginning of next week if Mexico isn’t prepared to reduce the migrant influx.
United States Vice President, Mike Pence, along with the Secretary of State, Mike Pompeo, had discussions with Ebrard yesterday at the White House, although the one and a half hour long meeting resulted in no consensus. According to Ebrard, the meeting was friendly, however there was no talk of tariffs. He stated, “The dialogue was focused on migration flows and what Mexico is doing or is proposing to the United States, our concern about the Central American situation”.
A post from Trump’s Twitter account said, “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 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. The higher the Tariffs go, the higher the number of companies that will move back to the USA!”
Ramifications of the tariffs
If the tariffs are implemented, fees would increase by 5 percent each month on products such as motor vehicles, beer, tequila, fruit, and vegetables. Duties would reach an unreasonable 25 percent by October. Trump hopes to prevent the rush of migrants flooding in to the U.S this year.
It’s uncertain whether the tariffs will be imposed as of yet. Trade adviser at the White House, Peter Navarro, told CNN, “We believe that these tariffs may not have to go into effect, precisely because we have the Mexican’s attention”.