After backing down on threat to close U.S.-Mexico border, Pres. Trump says, 'I never changed my mind at all.' Yesterday, he gave Mexico a 'one-year warning' to stop drug flow and apprehend migrants, and threatened to levy tariffs on cars produced there.
President Donald Trump on Thursday backed off his threat to close the southern border this week, instead giving Mexico a one-year warning toand saying that if it didn't, he would close the border or place new tariffs on cars produced in Mexico.
The president also acknowledged that his threats to impose auto tariffs could be curbed by his own U.S.-Mexico-Canada trade deal that has a provision preventing auto tariffs -- but said border security is more important than the USMCA. “We'll start with the tariffs and see what happens. But they are removing people out of Mexico, on the way up to the United States, and if you take a look, you'll see a big difference,” he said.
"I don't think we'll ever have to close the border, because the penalty of tariffs on cars coming into the United States from Mexico, at 25%, will be massive," Trump said today, emphasizing his new threat to first impose tariffs before a closure. “Closing the border to legal commerce would be devastating to Texas. Millions of jobs, in Texas and across the country, depend upon trade with Mexico, and the federal government shouldn’t do anything to jeopardize those jobs,” Cruz said in a statement.
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