‘It Would Mean a Trade War’: Mexico Warns of ‘Disastrous’ Consequences After Trump Tariff Threat

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Joining lawmakers, progressive critics, and economists in the U.S. who denounced President Donald Trump’s tariff threat against Mexico Thursday as a reckless move that will harm American consumers, Mexican trade negotiator Jesús Seade warned that the proposed duty on his country’s goods would have “disastrous” consequences.

“This threat, taken to action, would be extremely serious, and Mexico will not stand with arms crossed,” Seade told reporters following Trump’s policy announcement.

Seade said Mexico “will respond energetically” if the tariff takes effect, but added that it will seek talks with the Trump administration before retaliating.

In a letter to his U.S. counterpart on Thursday, President Andrés Manuel López Obrador of Mexico emphasized the need for dialogue and said he does not want a confrontation.

If talks fail, Seade warned, “it would mean a trade war.”

As with so many of his enormously consequential policy moves, Trump announced his decision to impose a 5 percent tariff on imported Mexican goods by June 10 on Twitter.

If Mexico does not ramp up its crackdown on migrants crossing to the U.S., Trump tweeted, the tariff “will gradually increase until the illegal immigration problem is remedied.”

In a statement on Thursday, the White House said the 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. Tariffs will permanently remain at the 25 percent level unless and until Mexico substantially stops the illegal inflow of aliens coming through its territory.”

 

 

As the New York Times reported, “Mexico is Washington’s largest trading partner, sending across the border items like tomatoes, cars, and rugs. Mexico sent the United States $346.5 billion of goods last year—meaning that a 5 percent tariff on those products would amount to a tax increase of more than $17 billion.”

“Most of the costs,” according to the Times, “would then be passed on to businesses and consumers.”

On top of the harms to U.S. consumers, immigration experts and rights advocates said tariffs would do nothing to remedy humanitarian issues at the border, which many critics argue are a direct consequence of Trump’s anti-immigrant agenda.

In a series of tweets late Thursday, Rep. Raul Grijalva (D-Ariz.) accused Trump of using “asylum seekers, children, the economy, and American values” as “disposable pawns in his cruel game.”

“Trump’s reckless tariff decision that puts the lives and jobs of Arizona’s workers and their families at stake removes any pretense that he cares about anything other than exacerbating the border crisis and exploiting it for political gain.

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3 Comments on "‘It Would Mean a Trade War’: Mexico Warns of ‘Disastrous’ Consequences After Trump Tariff Threat"

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Lone Wolf
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Lone Wolf

You are not running a f**en company @realDonaldTrump. You are running a country. Your actions have consequences.

You’ve killed children.

You’ve put kids in cages.

You’ve separated them from their parents.

People are still seeking refuge.

YOUR CRUELTY IS NOT WORKING. ENOUGH!

THIS… is what is so incomprehensible about these people, anyone who supports Trump, he is one of the absolute worst businessmen on the planet, for, like ever, and they continue to think that he can run our country like a business. UN. (censored) BELIEVABLE.

inzane
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inzane

He raises the bar to the point nothing is achievable, and leaves to his lackeys to find a way to make it work.
More effective than impeachment would be all his people walking out. But he was careful to choose the most ignorant and spineless sociopaths to do his dirty work.
His mouthpieces like Kellyanne and the his new 2020 campaign managers are so for over the edge. They have lost all perspective as empathetic human beings and have no self-respect. Giving up your very self to serve this man-slut has to mean reaching the bottom of your barrel.

dennismd
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dennismd

Hillary labeling them deplorable was far too polite in her assessment!