Mexican president expecting ‘good results’ on immigration from US-Mexico talks

Mexican president expecting ‘good results’ on immigration from US-Mexico talks

He said that Trump is "100 percent not" bluffing in his threat to impose five percent tariffs on all Mexican goods from next week if Mexico does not stop the flow of mostly Central American migrants up to the USA southern border.

Senior officials from Mexico will hold talks with the Trump administration today after the president threatened to impose a 5 per cent levy on June 10 on all goods imported from the country. He...

The tariffs will start at 5 percent and rise 5 percent each month to an eventual 25 percent in October.

Trucking and transportation industry leaders were caught off guard when President Donald Trump on May 30 said via Twitter that the USA plans new tariffs against Mexico.

The Trumps were greeted at the airport by United Kingdom foreign secretary Jeremy Hunt, who has entered the race to become the next Conservative leader and prime minister after Theresa May announced her resignation. "America has had enough!"

GS economists also cut their chances the USMCA trade agreement will be ratified this year to 35% from 60% previously.


"We have an arrangement with the United States and we are working within that arrangement", Morrison told reporters in Honiara, the capital of the Solomon Islands.

Ebrard said he will be "firm and protect the dignity of Mexico".

As President Donald Trump threatens to impose sweeping duties on imports from Mexico, lawmakers from both sides of the aisle are warning of widespread consequences for the United States economy.

In a possible sign of USA priorities in the talks, which are due to run through at least Wednesday, Department of Homeland Security (DHS) acting Secretary Kevin McAleenan said on Sunday that Mexico should deploy more personnel to interdict illegal migrants along a 150 mile (241.4 km) stretch of border with Guatemala.

The tariff threat could derail passage of the U.S. -Mexico-Canada Agreement - the successor to the Nafta trade deal - just as the three nations looked set to seek ratification from their legislatures.

As medtech companies are stuck navigating a tit-for-tat trade war between the USA and China, the Trump administration pitched a new wrinkle last week that could impact U.S-Mexico medical device trade. According to US government estimates, dairy sales to Mexico and Canada should grow by $277 million once USMCA is fully implemented.


A more radical idea that has always been promoted by the DHS and may again be on the table in talks this week despite previously being a red line for Lopez Obrador, is to make Central Americans apply for Mexican asylum, not US asylum.

In a note to clients Friday, Goldman Sachs explained why restaurant stocks could be hit hard by the tariffs on Mexican goods. "It has been this way for decades", Mr. Trump tweeted.

Trump set off shock and dismay throughout the US business community and from Republicans in Congress with his tariff threat. But the Trump administration has fiercely criticized past administrations for making concessions on trade policy to accomplish foreign policy goals.

The medical device maker said the proposed tariffs would have an immaterial impact on the company as it does not have any plants in Mexico, and both its customer and supply base in the country are very small.

As various Mexican officials prepare to travel to the United States to try to stave off the tariff threat, Mr Trump dismissed their efforts in advance.


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