Thread: Trump announces escalating tariffs against Mexico until illegal immigrants 'STOP'

• BREAKING NEWS
• Trump announces escalating tariffs against Mexico, starting at 5 percent, until illegal immigrants 'STOP'
  
  President Trump on Thursday abruptly announced a new 5 percent tariff on Mexico beginning in early June, saying the levy will "gradually increase" until the ongoing illegal immigration surge at the southern border is "remedied."
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Published 27 mins ago
Last Update 17 mins ago

Trump announces escalating tariffs against Mexico, starting at 5 percent, until illegal immigrants 'STOP'



By Gregg Re | Fox News

Trump says illegal immigrants will be removed at a later date

President Trump says that he will be building up 'removal forces'; Kevin Corke reports from the White House.

President Trump on Thursday abruptly announced a new 5 percent tariff on Mexico beginning in early June, saying the levy will "gradually increase" until the ongoing illegal immigration surge at the southern border is "remedied" and illegal migrants "STOP."

"On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP," Trump wrote. "The Tariff will gradually increase until the Illegal Immigration problem is remedied, ... ..at which time the Tariffs will be removed. Details from the White House to follow."

Donald J. Trump
✔@realDonaldTrump

On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration problem is remedied,..

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6:30 PM - May 30, 2019
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Donald J. Trump
✔@realDonaldTrump

· 40m

On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration problem is remedied,..

Donald J. Trump
✔@realDonaldTrump

....at which time the Tariffs will be removed. Details from the White House to follow.

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6:30 PM - May 30, 2019
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The Washington Post reported earlier in the day that the Trump administration was considering the move, and that it had broad support in the White House -- although some aides reportedly tried to talk Trump out of it.

“We are going to do something very dramatic on the border because people are coming into our country," Trump told reporters Thursday.

The International Emergency Economic Powers Act of 1977 permits tariffs to be levied in the event of a national emergency originating from a foreign source. The situation could complicate the legislative passage of the United States-Mexico-Canada Agreement (USMCA), sent to Congress by the White House on Thursday, which aims broadly to limit tariffs among the three countries.

Vice President Mike Pence was in the Canadian capital of Ottawa on Thursday to build support for the USMCA. The U.S. recently lifted steel and aluminum tariffs on Canada that threatened to sink the arrangement, which was signed in November and seeks to replace the North American Free Trade Agreement.

The news of the tariff came hours after Politico reported that an internal plan under consideration at the Department of Homeland Security effectively would block Central American migrants from bringing asylum claims, by blocking claims from applicants who resided in a country other than their own before seeking entry to the United States.

Customs and Border Protection has said it apprehended or turned away more than 109,000 migrants attempting to cross the border in April, the second month in a row that the number has topped 100,000.

This is a developing story; check back for updates.

https://www.foxnews.com/politics/tru...mmigrants-stop

President Trump to Make ‘Biggest Statement’ About Border Today or Friday

This was the big statement we were all waiting for?

I predict this will have very little to no effect.

Dow set to drop more than 150 points after Trump slaps tariffs on. .... fresh vegetables, fresh fruit, wine and beer, and processed foods. ... who bears the extraordinary financial cost . . .

Trump: US will impose 5% tariff on all Mexican imports from June 10

Trump announces escalating tariffs against Mexico, starting at 5 percent, until illegal immigrants 'STOP'

By Gregg Re | Fox News
Published 6 hours ago
Last Update 5 hours ago

Trump says US will impose tariffs on Mexican goods

President Trump imposes tariffs on goods coming from Mexico in response to growing number of illegal immigrants.

President Trump on Thursday abruptly announced a new 5 percent tariff on Mexico beginning in early June, saying the levy will "gradually increase" until the ongoing illegal immigration surge at the southern border is "remedied" and illegal migrants "STOP."

"On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP," Trump wrote. "The Tariff will gradually increase until the Illegal Immigration problem is remedied, ... ..at which time the Tariffs will be removed. Details from the White House to follow."

Fox News is told the tariff on all goods by land, sea, and air from Mexico will hike to 10 percent on July 1 -- and potentially increase substantially from there.

"If Mexico still has not taken action to dramatically reduce or eliminate the number of illegal aliens crossing its territory into the United States, Tariffs will be increased to 15 percent on August 1, 2019, to 20 percent on September 1, 2019, and to 25 percent on October 1, 2019," Trump said in a statement released later by the White House on Thursday. "Tariffs will permanently remain at the 25 percent level unless and until Mexico substantially stops the illegal inflow of aliens coming through its territory."

The statement added: "Thousands of innocent lives are taken every year as a result of this lawless chaos. It must end NOW! ... 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."

Specifically, White House sources told Fox News that Mexico would need to step up security efforts on the border, target transnational smugglers, crack down on illicit bus lines and align with the U.S. on a workable asylum policy. Mexico could use certain so-called choke points on the southern border to curb illegal migration sharply, according to the sources.

The Washington Post reported earlier in the day that the Trump administration was considering the move, and that it had broad support in the White House -- although some aides reportedly tried to talk Trump out of it.

“We are going to do something very dramatic on the border because people are coming into our country," Trump told reporters earlier Thursday.

The International Emergency Economic Powers Act of 1977 permits tariffs to be levied by the executive in the event of a national emergency originating from a foreign source. Trump said he was invoking the powers in the law and would use his "sole discretion" to determine whether Mexico had taken sufficient action.

"If Mexico does not take decisive measures, it will come at a significant price," Trump concluded in his statement.

The situation could complicate the legislative passage of the United States-Mexico-Canada Agreement (USMCA), sent to Congress by the White House on Thursday, which has aimed broadly to limit tariffs among the three countries.

However, the White House told Fox News it saw the matters as entirely distinct and did not anticipate complications for the USMCA.

Vice President Mike Pence was in the Canadian capital of Ottawa on Thursday to build support for the USMCA. The U.S. recently lifted steel and aluminum tariffs on Canada that had threatened to sink the arrangement, which was signed in November with the goal of replacing the North American Free Trade Agreement.

The news of the tariff came hours after Politico reported that an internal plan under consideration at the Department of Homeland Security effectively would block Central American migrants from bringing asylum claims, by prohibiting claims from applicants who resided in a country other than their own before seeking entry to the United States.

Arrests along the southern border have skyrocketed in recent months, with border agents making more than 100,000 arrests or denials of entry in March, a 12-year high. Immigration courts that process asylum claims currently have faced a backlog of more than 800,000 cases and asylum applicants increasingly have been staying in the U.S. even after their claims for asylum have been denied.

More than 4,000 individuals have been apprehended at the border with children who are not their own in recent months, administration officials tell Fox News.

And, Customs and Border Protection said it apprehended or turned away over 109,000 migrants attempting to cross the border in April, the second month in a row the number has topped 100,000.

In a dramatic moment, more than 1,000 illegal immigrants were apprehended by border agents near the U.S.-Mexico border early Wednesday -- the largest ever group of migrants ever apprehended at a single time, sources told Fox News on Thursday. The group of 1,036 illegal immigrants found in the El Paso sector included migrants from Guatemala, El Salvador and Honduras, according to sources.

Trump tweeted a video of the episode on Thursday, with the note: “Democrats need to stand by our incredible Border Patrol and finally fix the loopholes at our Border!”

A top Border Patrol official told lawmakers in April that authorities have apprehended more families illegally crossing the border between October 2018 and February of this year than during all of the 2018 fiscal year (Oct. 1, 2017-Sept. 30, 2018).

"Much media attention has focused on caravans coming across from Central America," Rio Grande Valley (RGV) Sector Chief Patrol Agent Rodolfo Karisch told the Senate Homeland Security Committee. "But, the fact is that RGV is receiving caravan-equivalent numbers every seven days."

Fox News' John Roberts and Edward Lawrence contributed to this report.

https://www.foxnews.com/politics/tru...mmigrants-stop

2 hr 46 min ago

The Dow dropped 300 points after Trump tariff threats

From CNN Business' Matt Egan

The Dow declined 300 points, or 1.2%, on Friday morning after President Trump announced plans to impose tariffs on Mexico. The S&P 500 fell 1.2% and the Nasdaq lost 1.3%

Trump’s tariff threat against one of America’s largest trading partners amplified investor worries about how trade tensions will disrupt business and slow global economic growth.

Auto makers, which rely on Mexico as a vital part of their supply chain, retreated. Fiat Chrysler lost 5%, while General Motors and Ford lost 3% apiece.

The news also rocked the Mexican peso, which tumbled 3.4% against the US dollar.

The rising trade tensions spilled over into the energy market, driving US oil prices 2.8% lower to $54.93 a barrel.

https://www.cnn.com/politics/live-ne...019/index.html

The costs of any tariff imposed on Mexico will ultimately be passed along to American consumers. (Remember: Tariffs are paid by importers, not by exporting countries.)
So what does that mean? Tariffs will affect the supply chain for ...

• The US auto industry
• Machinery
• Medical instruments
• Avocados and tomatoes (and plenty of other fruit and vegetables.)

And it's a two-way street. Americans sold just shy of $300 billion in goods to Mexico in 2018 — cars, machinery, pork and beef. Billions and billions dollars worth of many different type of goods that might be subject to retaliatory tariffs from Mexico.

https://www.cnn.com/politics/live-ne...019/index.html

Illegal aliens cost US taxpayers $133 BILLION out of our paychecks each year!

Then they send $50 BILLION back over the border and do not spend on our economy!



We suffer from their diseases, crime, gangs, drugs, rape, murder, DUI's and theft of our property!

We suffer from the neighborhoods they take over and destroy...they look like ghettos and lower our property taxes, money that goes into services for our communities!

We pay the costs of their courts, lawyers, jails, prison, lawsuits!


TOO BAD CORPORATE AMERICA! START BUILDING USA AGAIN!

STOP THIS INVASION!

THEY HAVE LAND, THEY HAVE RESOURCES...SEND THEM ALL THE HELL BACK HOME TO PROSPER ON THEIR SOIL.

STOP BREEDING IN THE DIRT AND START ACTING LIKE HUMAN BEINGS AND SOLVE YOUR OWN PROBLEMS, QUIT COMING HERE, AND BUILD YOUR OWN BUSINESSES!

WE ARE SICK OF YOU AND SICK OF YOUR NEVER ENDING PROBLEMS!

WE GIVE THEM BILLIONS...AGAINST OUR WILL! KNOCK IT OFF! GIVE THEM NOTHING! IT SOLVES NOTHING, THEY STILL DUMP THEIR UNWANTED PEOPLE OVER THE BORDER. WE DO NOT WANT THEM EITHER! GO HOME!

25 min ago

Meanwhile, China's retaliatory tariffs on US exports take effect

From CNN’s Matt Rivers, Steven Jiang and Julia Horowitz



China's retaliatory tariffs on some $60 billion worth of US exports has just officially gone into effect as of 12 p.m. ET.

Beijing said earlier this month that it would increase tariffs on roughly $60 billion worth of US goods on June 1, including American cotton, machinery, grains and aircraft parts.

More than 4,000 items are affected, most of which will carry tariffs of 25% — up from 10% when they were first levied last September.

Some background: The move follows increase in US tariffs on $200 billion worth of Chinese exports from 10% to 25%, which went into effect May 10. The Trump administration, which has accused China of backtracking onprevious trade commitments, sought to turn up the pressure on Beijing after months of talks failed to produce a breakthrough. But so far, the tit-for-tat penalties have not pushed Beijing toward a deal.

https://www.cnn.com/politics/live-ne...019/index.html

U.S. President Donald Trump says China pays the tariffs he has imposed on $250 billion of Chinese exports to the United States.

But that is not how tariffs work.

China’s government and companies in China do not pay tariffs directly. Tariffs are a tax on imports. They are paid by U.S.-registered firms to U.S. customs for the goods they import into the United States.

Importers often pass the costs of tariffs on to customers - manufacturers and consumers in the United States - by raising their prices.

U.S. business executives and economists say U.S. consumers foot much of the bill through rising prices. . .

https://www.reuters.com/article/us-u...-idUSKCN1SR1UI