President Trump says he believes the US holds all the cards in the trade war. But former US Commerce Secretary Carlos Gutierrez disagrees. 'Both sides lose. Both sides lose jobs. Both sides lose companies.'
Washington President Donald Trump said Thursday talks are going well with Mexico but that he's prepared to enact new tariffs -- a move that faces opposition from his own party and risks the strong economy he's counting on heading into the 2020 presidential campaign.
He also said he's prepared to slap new tariffs on China if continued trade talks are unsuccessful.A day after Mexican officials came to the White House for talks, Trump says"a lot of progress" was made but that he's prepared to take"dramatic" steps against the country."I think a lot of progress was made yesterday," Trump said in Ireland before departing for Normandy."Something pretty dramatic could happen," Trump said.
Trump voter reacts to Mexico tariffs: Absolutely horrible 02:21The talks between the White House and Mexico officials will continue later Thursday after no deal was reached on immigration and tariffs. Trump tweeted Wednesday evening that he intends to move ahead with his threat to impose a 5% levy on all Mexican imported goods if no agreement is reached on immigration enforcement.
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