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'Good chance' of reaching deal with Mexico, says Trump

ANI  |  US 

US on Friday said there is a "good chance" of reaching a deal with in order to avoid new tariffs on imports from the Central American country.

However, he warned that tariffs will be imposed as planned from June 10 if the two sides are unable to reach an agreement.

"If we are able to make the deal with Mexico, & there is a good chance that we will, they will begin purchasing Farm & Agricultural products at very high levels, starting immediately. If we are unable to make the deal, will begin paying Tariffs at the 5% level on Monday!" Trump tweeted.

Amid the threat of tariffs looming, officials of the two countries began the third day of high-stakes discussions on the immigration issue on Friday in a bid to avoid the duties.

The has been under intense pressure from the to block thousands of migrants from gaining asylum in the US.

Trump has threatened to impose a five per cent tariff on all Mexican goods, which would increase by another five per cent every month and ultimately reach 25 per cent by October.

The US is planning to declare a national emergency for slapping new tariffs on over the flow of migrants into his country, according to a draft document.

The new emergency is necessary due to "the failure of the to take effective action to reduce the mass migration of aliens illegally crossing into the through Mexico," the document said.

Trump has repeatedly claimed that there's an influx of drugs and criminals from the US' southern border with Mexico. He has used these claims to justify and press for the construction of a wall along the US-Mexico border.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, June 08 2019. 04:55 IST