Trump touts deal with Mexico to avert tariffs

Image
AFP Washington
Last Updated : Jun 09 2019 | 4:40 AM IST

US President Donald Trump touted Saturday his last-minute deal averting tariffs on Mexico, a plan economists warned would have been disastrous for both countries, saying the agreement will be a big success if America's southern neighbor cracks down on illegal immigration as promised.

With Trump poised to slap five percent tariffs on all Mexican goods starting Monday, senior officials announced an agreement late Friday night.

Under the deal, Mexico agreed to expand its policy of taking back migrants, most of them from violence-riven Guatemala, Honduras and El Salvador, as the United States processes their asylum claims.

Mexico will also use its newly created National Guard to crack down on illegal migration, in particular along its southern border with Guatemala, a gateway for poor Central Americans hoping to reach the US.

In turn, Mexico managed to avoid a proposal it had continually rejected -- that it process asylum claims on its own soil before migrants reach the United States.

"Mexico will try very hard, and if they do that, this will be a very successful agreement for both the United States and Mexico!" Trump tweeted early Saturday.

Later, he added: "Everyone very excited about the new deal with Mexico!"
"People will keep leaving. This is not going to stop them." Trump, she insisted, "is pressing Mexico but he should be pressing the governments of Honduras and El Salvador, who do nothing for their people."
"In this agreement, the migrants are currency," he said. "The National Guard should be combatting drug traffickers, not focusing on stopping children and women who are trying to fulfill their dreams."
Mexico pledged in Friday's agreement to take "unprecedented steps to increase enforcement to curb irregular migration," saying the two governments would "work together to immediately implement a durable solution."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 09 2019 | 4:40 AM IST

Next Story