Trump: China and Mexico both want to make a deal with the US

Comments from Trump:

  • If Mexico doesn’t take steps to control migrants, the tariffs will take place
  • I think they want to make a deal
  • Mexico can stop the migrants
  • We will see what happens today on Mexico talks
“I think Mexico has to step up and if they don’t, tariffs will go on and if they go high, companies are going to move back into the United States,” he said.
Almost everyone assumes it’s a bluff at this point but it will be interesting to see how the market reacts if/when a deal is made.