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Elham AbolFateh

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President Trump Announces Deal with Mexico and Suspends Tariff Plan

Saturday 08/June/2019 - 06:31 PM
Sada El Balad
Edited by Ahmed Moamar
US President Trump، via Twitter، has announced that the United States and Mexico have "reached a signed agreement" and that the tariffs he had threatened to impose against Mexico "are hereby indefinitely suspended." The Washington Post called it a "deal on trade and migration." We will continue to update this story as more details become available، AS THE Car News said.
I am pleased to inform you that The United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the U.S. on Monday، against Mexico، are hereby indefinitely suspended. Mexico، in turn، has agreed to take strong measures to....

President Trump has a lot to tweet about when it comes to tariffs، imports، China، and the like، but he is reportedly waffling on his intention to slap a 25 percent tariff on imported cars and car parts. In fact، multiple news sources are reporting، he will wait up to six months to make a final decision on the matter; originally، the promised tariffs were to be decided on by May 18.

Tariffs will make our Country MUCH STRONGER، not weaker. Just sit back and watch! In the meantime، China should not renegotiate deals with the U.S. at the last minute. This is not the Obama Administration، or the Administration of Sleepy Joe، who let China get away with “murder!”

The delay is sure to be welcomed across the board. A permanent tabling of the idea would be even more popular، because another six months of deliberations will merely drag out the auto industry's uncertainty about how things will play out. (Uncertainty doesn't mix well with the sort of long-term planning required to develop، build، and eventually sell new cars and trucks.) Automakers، then، have lobbied Trump to abandon the tariffs altogether; so، too، have Democratic and Republican lawmakers.

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