Media ININ Economy We Trust
Media IN STERLING, 10th-6-2019
With his threatened Mexican tariffs now on the backburner, President Donald Trump was looking to claim victory even as some of his Democratic challengers for the White House criticized him for overselling a deal that mostly ramps up existing efforts.
Trump defended the agreement reached by U.S. and Mexican negotiators to head off the 5% tax on all Mexican goods that Trump had threatened to impose Monday as he tried to pressure the country to do more to stem the flow of Central American migrants across the U.S. southern border. But he also dangled the prospect Sunday of renewing his threat if the U.S. ally doesn’t cooperate to his liking.
“There is now going to be great cooperation between Mexico & the USA, something that didn’t exist for decades,” Trump tweeted before spending a second day at his Virginia golf course.
“However,” he added, “if for some unknown reason” that doesn’t happen, “we can always go back to our previous, very profitable, position of Tariffs.” Business leaders and many Republicans had urged Trump against the tariffs, warning they would drive up consumer prices, hinder the economy and compromise the ratification of an updated North American trade deal.
