Top
Begin typing your search above and press return to search.
Madhyamam
    keyboard_arrow_down
    Login
    exit_to_app
    access_time 2020-11-23T14:18:34+05:30
    The key is to keep talking about quotas
    access_time 2020-11-21T09:24:59+05:30
    The democratic process in Jammu-Kashmir
    access_time 2020-11-20T10:03:57+05:30
    access_time 2020-11-19T11:08:50+05:30
    Death knell for media freedom
    access_time 2020-11-18T12:01:36+05:30
    The rise of Owaisis
    access_time 2020-11-16T15:36:47+05:30
    exit_to_app
    Homechevron_rightWorldchevron_rightTrump renews tariff...

    Trump renews tariff threat against Mexico

    text_fields
    bookmark_border
    Trump renews tariff threat against Mexico
    cancel

    Washington:  US President Donald Trump has said that tariffs on Mexican goods "will be reinstated" if Mexico's Congress does not approve an immigration deal between the US and Mexico.

    "We have fully signed and documented another very important part of the Immigration and Security deal with Mexico, one that the U.S. has been asking about getting for many years. It will be revealed in the not too distant future and will need a vote by Mexico's Legislative body!" Xinhua quoted Trump as saying in a tweet on Monday.

    "We do not anticipate a problem with the vote but, if for any reason the approval is not forthcoming, Tariffs will be reinstated!" he added.

    Trump had threatened to impose a 5-per cent tariff on all imported Mexican goods to pressure the country to stop the flow of undocumented migrants crossing the border, drawing extensive criticism both at home and abroad.

    Following several days of negotiations in Washington, the US and Mexico reached an agreement on Friday to avert the threat of tariffs on all Mexican imports.

    As part of the deal, Mexico will deploy its National Guard throughout the country to curb irregular migration, giving priority to its southern border. The US will immediately expand a program to allow asylum-seekers to remain in Mexico while their legal cases proceed.

    Mexico will strengthen enforcement to contain Central American migration and begin a review of those efforts after 45 days, Mexican Foreign Minister Marcelo Ebrard said on Monday, according to The Wall Street Journal.

    If the flow of migrants hasn't been significantly reduced after 90 days, the two sides will return to the negotiating table, Ebrard was quoted as saying, adding the two sides didn't set any specific numerical target.

    Myron Brilliant, Executive Vice President and head of international affairs at the U.S. Chamber of Commerce, said on Monday that Trump should never have used the threat of tariffs to try to force Mexico to crack down on illegal immigration, calling it a wrong approach.

    "The weaponisation of tariffs - the increase of threats on our economy, on our farmers, our manufacturers, our consumers - is going to hurt our country. It also creates uncertainty with our trading partners," Brillian said in an interview with CNBC.

    The tariff threat against Mexico could jeopardize the congressional ratification of the U.S.-Mexico-Canada Agreement (USMCA), a proposed replacement for the North American Free Trade Agreement (NAFTA), he said.

    Show Full Article
    TAGS:
    Web Title - Trump renews tariff threat against Mexico
    Next Story