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Mexican Stand-Off: Trump Imposes Tariffs on Mexico Over Migrant Crisis. Stocks Plummet! (Videos)

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5-31-19

President Donald Trump is continuing to take aim at Mexico, announcing that he would impose a five percent tariff on all imports from the country – going up to 25 percent by October – until, in his words, “the illegal immigration problem is remedied.” —

PLUS: Controversy breaks out over the US Census, and Democrats struggle to deal with the consequences of Robert Mueller’s walkaway.



 

Trump imposes tariffs on Mexico over migrant crisis

RT

Mexican Stand-Off

Daily Wire Ben Shapiro Show   Trump prepares to drop tariffs on Mexico, controversy breaks out over the US Census, and Democrats struggle to deal with the consequences of Robert Mueller’s walkaway.

Mexico WILL Pay for the “F&%*ing” Wall!

Jon Miller   The Trump administration announces a five percent tariff on Mexican products in order to allow Mexico to fund the wall. Although consumers may take offense at this tariff, it is a small price to pay to end the scourge of illegal immigration. Plus, leftist indoctrination begins way before college, and it’s turning our children into gender-confused SJW robots. Inez Feltscher Stepman shares what conservatives can do to destroy leftist control over our cultural institutions.

#Tariffs are Trump’s #weapon of choice: Varney

Fox Business   FBN’s Stuart Varney on President Trump’s use of tariffs as a #negotiating strategy.

Stocks Drop As Trump Announces New Tariffs On Mexico

Updated at 12:25 p.m. ET Friday

President Trump says he will begin imposing tariffs on all goods imported from Mexico beginning June 10, unless that country does more to help reduce illegal immigration from Central America.

Shares of automaker stocks fell Friday morning following the news. It also drew a response from carmakers — many of whom have built facilities in Mexico in recent years to take advantage of cheaper labor and easy access to the U.S.

The American Automotive Policy Council, which represents U.S. automakers, criticized the threat to impose tariffs on Mexico, in a statement released Friday.

“We are strong supporters of the administration’s United States Mexico Canada Agreement because it makes significant improvements to the NAFTA, but it relies on duty free access to be successful,” the council said. “The imposition of tariffs against Mexico will undermine its positive impact and would impose significant cost on the U.S. auto industry.”

In a statement issued late Thursday, Trump cited his authority under the International Emergency Economic Powers Act, and said the crisis at the southern border requires action.

“Accordingly, starting on June 10, 2019, the United States will impose a 5 percent Tariff on all goods imported from Mexico. If the illegal migration crisis is alleviated through effective actions taken by Mexico, to be determined in our sole discretion and judgment, the Tariffs will be removed. If the crisis persists, however, the Tariffs will be raised to 10 percent on July 1, 2019.”

Trump added that unless the Mexican government takes steps to “dramatically reduce or eliminate” the flow of Central American migrants moving through its country, tariffs will go to 15% on August 1, to 20% on Sept. 1, and to 25% on Oct. 1. “Tariffs will permanently remain at the 25 percent level unless and until Mexico substantially stops the illegal inflow of aliens coming through its territory,” he wrote.

The consequences of new U.S. tariffs could be significant, says Torsten Slok, chief economist at Deutsche Bank Securities in New York, who says the auto industry would very likely feel the largest effects. He notes that about two-thirds of imports from Mexico arrive through intracompany trade — companies bringing in goods from their affiliates.

“A lot of the trade with Mexico is really part of the supply chain for U.S. companies,” Slok tells NPR. “So in that sense, what makes it difficult to quantify the impact is that the trade picture is really closely tied together between the U.S. and Mexico, and therefore the implications, as difficult as it is to quantify, look to be fairly significant.”

Mexico’s President Andrés Manuel López Obrador is sending his foreign secretary to Washington to try to negotiate a solution with the White House. Obrador says he has not yet gotten a response to a letter he wrote to Trump after the tariff threat.

“This is not a legal issue,” Obrador said on Friday. “We want to have a good relation with the U.S. and we do not want the first response to be a legal procedure. We want dialogue and to reach an accord without a legal process. We must find a way out of this that works for both governments.”

In his letter to Trump, Obrador argued that “social problems are not solved with taxes or coercive measures.”

“We must understand what is happening in the U.S. now, but we must be prudent and act with a warm heart and cool head,” he said. “We want a truce but the homeland is first.”

Mexico’s deputy foreign minister for North America, Jesus Seade, said that it would be disastrous if Trump imposed the new tariffs.

Trump’s surprise announcement comes as the administration is urging Congress to approve the pending U.S.-Mexico-Canada Agreement, which is designed to replace the North American Trade Agreement reached in 1994. It is not immediately clear what impact the tariff threat will have on the draft agreement.

Acting White House chief of staff Mick Mulvaney, in a conference call with reporters, said the trade agreement and tariff threat “are not linked.”

“These are not tariffs as part of a trade dispute,” Mulvaney said. “These are tariffs as part of an immigration problem. USMCA is a trade matter and completely separate.”

When asked which Mexican imports the administration means to target, Mulvaney replied “all of them.”

Acting Secretary for Homeland Security Kevin McAleenan, in the conference call Thursday, said the border crisis has become “a national emergency.”

“U.S. immigration authorities now have over 80,000 people in custody, a record level that is beyond sustainable capacity with current resources,” he said.

The president’s statement called for action by Mexico:

“Mexico’s passive cooperation in allowing this mass incursion constitutes an emergency and extraordinary threat to the national security and economy of the United States. Mexico has very strong immigration laws and could easily halt the illegal flow of migrants, including by returning them to their home countries. Additionally, Mexico could quickly and easily stop illegal aliens from coming through its southern border with Guatemala.”

NPR


#economy #migrant #borderwall #shtf #trojanhorse

ARE YOU COMPLETELY PREPARED FOR WHAT IS COMING?  

The Bible tells us that every human has sinned and fallen short of the glory of God which is  is a heart-penetrating truth. He has provided a way to cleanse us of our sins since we can never be “good enough” to cleanse ourselves. That avenue to God’s grace, mercy and forgiveness (the cleansing of our sins) is through His only begotten Son, Jesus Christ of Nazareth Who is equally God.

 Not one of us are guaranteed a “tomorrow”. Has your time run out? Will you continue to ignore the promptings of God the Holy Spirit or have you awakened to the essential need for God, risking eternal damnation?

God the Holy Father, God the Holy Son and God the Holy Spirit are One God, the true, living, uncreated God Who is ever-present, all knowing, all powerful and all loving. He desires that every single person be forgiven, saved and to live eternally with Him. He is our only real protection and His love for you is unchanging. Accept Jesus Christ as your Savior, the true Messiah, today.

 You can’t take your salvation for a test drive. You’re all-in or not.

 Admit to Him that you are a sinner in need of forgiveness, that you are truly sorry for your sins.  Acknowledge that He died for your sins, rose from the dead and lives forevermore. Invite Him into your life and to help you to turn from sin. Rejoice! You just became a Christian! Now trust in Him and get to know Him through the Bible which tells us everything we need to know and through prayer/talking to Him. He eagerly desires relationship with you. —-


THE SERIOUSNESS OF SIN IS REVEALED BY THE MONUMENTAL COST OF ATONEMENT


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    • huge_juan

      It’s about time. Mexico’s economy is fully dependent on US trade. By flooding the US with illegal immigrants they are kicking their benefactor in the teeth.

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