Article

2019-06-01 Economy

[Global News] Which credits Canadian Press, but seems identical to the AP report, which I saw in the Dallas News. Lotta cuttin' and pastin' goin' on.

Despite pushback from U.S. business, Mexico and Capitol Hill, U.S. President Donald Trump is doubling down on his threat to slap a 5 per cent tariff on Mexican imports unless America’s southern neighbor cracks down on Central American migrants trying to cross the U.S. border.

U.S. manufacturers said the tariff, set to take effect June 10, would have devastating consequences on them and American consumers. U.S. stocks tumbled on Wall Street in response to Trump’s planned action.

Mexican President Andrés Manuel López Obrador dispatched his foreign secretary to Washington to try to negotiate a solution. He said social problems are not solved with coercive measures, but also seemed convinced that Trump just needed to be informed about all the steps Mexico has taken to slow illegal migration.
1,000 illegals a day is 3.65 million per year.
Mexico has stepped up raids on migrant caravans traveling through the southern states of Chiapas and Oaxaca this year. It has deported thousands of migrants and frustrated thousands more who wait endlessly for permits that would allow them to travel legally through Mexico.

Trump's decision showed the administration going to new lengths, and looking for new levers, to pressure Mexico to take action ‐ even if those risk upending other policy priorities, like the United States-Mexico-Canada Agreement, a trade deal that is the cornerstone of Trump's legislative agenda and seen as beneficial to his reelection effort.

Keeping the economy rolling also is critical to Trump's reelection, and business was not happy with the president's planned tariff on Mexican imports.
Lots more hand-wringing at the link.

Posted by Bobby 2019-06-01 10:53|| || Front Page|| [11134 views ] Top

#1 Vladimir Ilich Lenin — 'The Capitalists will sell us the rope with which we will hang them.'

Posted by Procopius2k 2019-06-01 11:46|| 2019-06-01 11:46|| Front Page Top

#2 So why is the press, both left and right, YOU LISTENING FOX?, not asking every congress critter then they are on just why THEY have not done their job and fix the immigration laws. After all it is their job to do this. They all need to watch school house rock...

Posted by 49 Pan 2019-06-01 12:40|| 2019-06-01 12:40|| Front Page Top

#3 read an article this morning (sorry cannot locate for reference) in which all that was bad and impact farmers, manufacturers and tourism was the thrust of it. not 1stinking word addressed just stopping the illegals and the tariffs would be lifted.
not 1stinking word.

Posted by USN, Ret. 2019-06-01 19:23|| 2019-06-01 19:23|| Front Page Top

#4 not 1 stinking word addressed just stopping the illegals and the tariffs would be lifted.

Does seem a bit obvious, don't it? Not about trade at all.

I did hear some whinging about poor Mexico being stretched so thin that they can't be bothered stopping caravans of people walking from one end of their country to the other.

Posted by SteveS 2019-06-01 19:29|| 2019-06-01 19:29|| Front Page Top

09:43 Mullah Richard
09:27 Warthog
09:11 Mercutio
09:07 AlmostAnonymous5839
08:52 Matt
08:24 Matt
08:20 SteveS
07:43 Procopius2k
07:42 BrerRabbit
07:42 Procopius2k
07:39 Procopius2k
07:36 Procopius2k
07:35 Procopius2k
07:34 trailing wife
07:31 Procopius2k
07:30 NN2N1
07:22 NN2N1
07:18 trailing wife
07:14 Richard Aubrey
07:10 NN2N1
07:09 Besoeker
07:03 NN2N1
06:58 NN2N1
06:58 Besoeker