U.S. and Mexican negotiators resumed migration talks on Friday to try to avert a...
- U.S. and Mexican negotiators resumed migration talks on Friday to try to avert a potential trade war that could hurt both countries’ economies and rattle investors already nervous about Washington’s escalating battle with China.
U.S. President Donald Trump shook global markets, Mexican officials and his fellow Republicans in Congress last week by threatening 5% tariffs on Mexican imports starting on Monday if Mexico did not do more to stem an increase in migrants heading for the U.S. southern border.- Trump said in a tweet that there was a “good chance” the United States would be able to reach a deal with Mexico.
- Mexican sources said negotiators are battling to reach agreement over U.S. demands to make Mexico accept more asylum seekers under the ‘safe third country’ concept. - Marc Short, chief of staff to Vice President Mike Pence, said that while the United States was moving ahead with the tariffs, Trump could stop the process over the weekend, however. Outgoing White House economic adviser Kevin Hassett agreed. “The president’s going to ... look at a bunch of options, and weigh all the options over the weekend,” Hassett told CNBC.
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