President Trump’s recent reversal on his earlier comments implying a possible “one-year warning” to Mexico in regards to the crisis at the southern border now includes threats of heavy penalties coming in the form of tariffs on vehicles made in Mexico.
In addition to making it clear that he could close the border “in one day,” Trump ratcheted up the pressure on Mexico, vowing increased taxes and a potential complete shutdown of the border.
Additionally, Trump clarified that, should he be forced to implement tariffs, they would “will supersede USMCA,” the new trade deal set to replace NAFTA.
President Donald Trump said Friday that the deal his administration struck with Mexico on its auto exports won’t count if the country fails to stop Central American migrants from illegally crossing the border to enter the United States.
If “for any reason Mexico stops apprehending and bringing the illegals back to where they came from, the U.S. will be forced to Tariff at 25 percent all cars made in Mexico and shipped over the Border to us. If that doesn’t work, which it will, I will close the Border,” Trump wrote on Twitter.
“This will supersede USMCA,” Trump continued, referring to the new North American trade deal, which has yet to be ratified in the U.S., Mexico or Canada. “Likewise I am looking at an economic penalty for the 500 Billion Dollars in illegal DRUGS that are shipped and smuggled through Mexico and across our Southern Border. Over 100,00 Americans die each year, sooo many families destroyed!”
Trump’s threat to raise tariffs on Mexican auto exports came a day after he said he would give the country one year to crack down on illegal border crossings before he brings down the tariff hammer. That represents a retreat from his previous threat to immediately close the border, an action that many industry groups and economists argued would have a catastrophic effect on the U.S. economy.
Trump said on Friday he would not be constrained by the side agreement if he feels Mexico has not done enough to restrict illegal border crossings. But he also indicated he did not expect to have to impose the tariffs on Mexican auto exports, because he believes the United States’ southern neighbor is already doing more to help his administration stem the tide of migrants crossing the border illegally.
“Mexico, for the first time in decades, is meaningfully apprehending illegals at THEIR Southern Border, before the long march up to the U.S. This is great and the way it should be. The big flow will stop,” Trump said.