Showing posts with label Trump holds firm on tariffs on Mexico. Show all posts
Showing posts with label Trump holds firm on tariffs on Mexico. Show all posts

Saturday, June 1, 2019


By CNN, June 01, 2019

(CNN) President Donald Trump overruled three of his top advisers in deciding to move ahead with his tariff threat against Mexico over immigration. And as he faced a stock market slide and opprobrium from key Republican senators on Friday, the President held firm, tweeting: "It's time!"

Trump's drastic tariff threat sent shockwaves through Washington, sparking concerns inside the White House and on Capitol Hill that a new trade offensive would scuttle efforts to ratify a replacement for the North American Free Trade Agreement -- and drag down the US economy, which relies heavily on Mexican-produced cars, machines and foodstuffs, just as the 2020 campaign is taking off.