Politics: White House trade adviser Peter Navarro says Trump's new tariffs 'may not have to go into effect' - - PressFrom - US
  •   
  •   
  •   

PoliticsWhite House trade adviser Peter Navarro says Trump's new tariffs 'may not have to go into effect'

18:36  05 june  2019
18:36  05 june  2019 Source:   cnbc.com

Business groups might sue White House over Mexico tariffs

Business groups might sue White House over Mexico tariffs Subscribe to CNBC on YouTube.

The White House is defending President Donald Trump ' s threat to impose tariffs on at least 0 billion worth of Chinese goods, arguing the trade penalties are "necessary to defend this country.".

Peter Navarro , a top White House trade adviser , said on Wednesday night that the president would hold a signing ceremony on Thursday afternoon in the Oval Office. He said the tariffs would go into effect in 15 to 30 days.


    White House trade adviser Peter Navarro says Trump's new tariffs 'may not have to go into effect'© Provided by CNBC LLC White House trade adviser Peter Navarro said "we have the Mexicans' attention."

    White House trade adviser Peter Navarro said that President Donald Trump's new tariffs on Mexico "may not have to go into effect," depending on the outcome of talks between U.S. and Mexican officials.

    Navarro, a hard-line supporter of Trump's tariffs, said in a CNN interview there were "absolutely" concessions Mexico could make at the meetings, scheduled for later Wednesday at the White House, that would stop the tariffs on 5% of all Mexican imports from going into effect on Monday.

    Mnuchin and Lighthizer were opposed to Trump tariffs on Mexico, source says

    Mnuchin and Lighthizer were opposed to Trump tariffs on Mexico, source says Treasury Secretary Steve Mnuchin and U.S. Trade Representative Robert Lighthizer opposed President Donald Trump's threatened tariffs on Mexico, a source says.

    The White House sought to soften the blow by temporarily exempting two key trading partners If the World Trade Organization rules against the United States, the Trump administration will have to “These tariffs going into place, this gives us the ability to come back to 100 percent capacity,” said

    Donald Trump pushed forward with plans to impose tariffs on steel and aluminium imports on Thursday Flanked by steel and aluminium workers and key staff, Trump said he had to act to stop the The White House trade adviser Peter Navarro , speaking on the Fox Business Network, said

    Trump is using the threat of tariffs to force Mexico to stem the flow of undocumented migrants crossing the U.S. border.

    The White House adviser outlined three specific areas where Mexico could make changes to stop Trump from slapping tariffs on their goods:

    • Mexico should crack down on asylum seekers, Navarro said.
    • Mexico should strengthen its enforcement of its own southern border with Guatemala, he added.
    • And Mexico should put an end to government corruption at immigration checkpoints in the country.

    "That's it. That's what we're looking for," Navarro concluded.

    Trump announced the tariffs on Twitter last week, taking the markets and even politicians in his own party by surprise. The tariffs are currently poised to go into effect Monday, and are set to be gradually hiked up to 25% by October.

    Trump's proposed tariffs on Mexico would be biggest tax hike in almost 30 years: report

    Trump's proposed tariffs on Mexico would be biggest tax hike in almost 30 years: report President Trump's proposed tariffs on Mexican imports - an effort to pressure the country to halt the flow of migrants from Central America - could constitute the biggest tax hike on American consumers in nearly three decades, according to an analysis by the Tax Foundation. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.

    Mr. Trump instructed the United States trade representative to look into increasing tariffs on Chinese imports like fish, petroleum, chemicals, handbags and other goods to 25 percent, a significant step in a dispute that is beginning to take a toll on industries and consumers in both countries.

    President Trump ’ s trade adviser , Peter Navarro , said on Sunday that U.S. allies The protectionist Navarro — who along with trade negotiator Robert Lighthizer seems to have taken advantage we’re not going to take it anymore.” Both Navarro and Commerce Secretary Wilbur Ross said on Sunday

    But Navarro said in the interview Wednesday morning that "we believe that these tariffs may not have to go into effect, precisely because we have the Mexicans' attention."

    The "number one" issue on Navarro's list would be for Mexico to "commit to taking all the asylum seekers and then applying Mexican laws, which are much stronger than ours."

    "Look, here's the thing," he said. "If the people who are moving up with scripts to claim asylum from their narco-trafficker, human-trafficker handlers simply understood that that script ain't gonna work anymore getting into America," then the stream of migrants coming up to the southern border to claim asylum "will go to a trickle."

    The second concession, he said, would be to get "a strong commitment from the Mexican government to put resources" on its own southern border with Guatemala. Navarro explained that the roughly 2,000-mile U.S.-Mexico border is "very hard to police," while the 150-mile Mexico-Guatemala border is much narrower and "it has natural and artificial choke points where it is really easy to police."

    Mike Pence to deliver Trump's demands to Mexican officials as tariff deadline looms

    Mike Pence to deliver Trump's demands to Mexican officials as tariff deadline looms High-stakes negotiations could determine whether Trump goes through with threat of 5% tariffs on Mexico, which he has blamed for the migrant crisis.

    Mr. Trump said he has asked Chinese officials to immediately reduce the U. S . trade deficit with China by 0 billion. The tariffs will target what White House trade adviser Peter Navarro described on a conference call with reporters as China' s market distorting and "discriminatory practices" to steal

    The White House wants to reduce what it maintains is the United States’ trade deficit with the 28-member European Union and is seeking concessions Speaking to a group of steel executives on Tuesday, the White House trade adviser Peter Navarro insisted that the administration would take a

    The last U.S. demand Navarro says is for Mexico to put an end to corruption at checkpoints. "Those checkpoints are designed to stop the flood, but instead it's ... the corruption, the government officials who make money off this human trafficking," Navarro said.

    "That has to stop."

    Navarro said his three proposed concessions were already made "very, very clear" by a Trump administration official "the first day" that the tariffs were announced. But acting White House chief of staff Mick Mulvaney had told reporters the day Trump announced the tariffs that "we did not set a specific percentage, did not set a specific number" for Mexico to reduce immigration levels. "It's a very fluid situation."

    This is developing news. Please check back for updates.

    Read More

    O'Rourke hammers Trump on tariffs: The damage 'has already been done'.
    Democratic presidential hopeful Beto O'Rourke hammered President Trump over his trade policies after the White House announced Friday it had reached an immigration deal to avoid slapping tariffs on all imports from Mexico. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); "The damage from this president's disastrous tariffs has already been done," O'Rourke, a former Texas congressman who represented the border town of El Paso, said in a press release.

    —   Share news in the SOC. Networks

    Topical videos:

    usr: 1
    This is interesting!