The president reiterated his pledge to shut down the U.S.-Mexico border, saying security is 'more important' to him than trade. Meanwhile, his top economic advisor, Larry Kudlow, said the White House was working hard to mitigate any economic damage.
President Donald Trump on Tuesday reiterated his threat to shut down the U.S.-Mexico border, insisting that any economic damage from the move would be overshadowed by the benefits of greater security.
"All you hear me talking about is trade, but let me just give you a little secret," Trump continued."Security is more important to me than trade. So we're going to have a slower border or a closed border." Neil Bradley, chief policy officer at the U.S. Chamber of Commerce went a step further, warning in a statement Monday that"even threatening to close the border to legitimate commerce and travel creates a degree of economic uncertainty that risks compromising the very gains in growth and productivity that policies of the Trump Administration have helped achieve."
Among them, Kudlow said, was the possibility of allowing trucks carrying freight to cross the border even if it were sealed. He cautioned that the president has not made any final decisions. "The question is: Can we deal with that, and not have economic damage? And I think the answer is: We can, and people are looking at different options," he said."Particularly if you can keep those freight lanes, truck lanes, open, that's probably the nub of it."
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Trump Closing The Mexico Border Could Throw The U.S. Into A RecessionWith the economy only growing between 2% and 3%, Trump closing the border with Mexico could disrupt the economy so much that it falls into a recession. Investors are not expecting him to follow through since he has cried wolf before, but his off the cuff decisions keep this a wild card.
Lire la suite »
Trump threatens to close 'large sections' of US-Mexico border next week over illegal immigrationTrump has said he could shut down border crossings before without following through on the threat.
Lire la suite »
White House looking to keep truck lanes open if Trump closes U.S.-Mexico border, Kudlow saysKudlow said that the Trump administration was exploring whether it could permit trucks carrying freight to cross the border if it is sealed. He cautioned that the president has not made any final decisions.
Lire la suite »
Arizona Gov. Doug Ducey doesn't support U.S.-Mexico border shutdown, as Trump has threatenedGov. Doug Ducey said he doesn't support shutting down the U.S.-Mexico border, saying that Mexico is Arizona's 'No. 1 trading partner, times four.'
Lire la suite »
Ten U.S. Exports And Imports That Would Be Hurt If Trump Closes Mexico BorderIf President Trump follows through on his threat to close the U.S.-Mexico border this week, it will hit cross-border trade in the stomach, hammering tomato imports and U.S. pork exports, among other items. Here are the 10 largest imports and exports between the U.S. and Mexico.
Lire la suite »
Trump threatens to close the U.S.-Mexico border next weekDonald Trump on Friday threatened to close the U.S-Mexico border next week if Mexico does not stop undocumented immigrants from coming into the United States
Lire la suite »
Trump threatens to close the U.S.-Mexico border next week: 'I'm not playing games'Trump on Friday threatened to close the U.S-Mexico border next week if Mexico does not stop undocumented immigrants from coming into the United States
Lire la suite »
Trump not bluffing about closing U.S.-Mexico border, Conway saysWhite House counselor Kellyanne Conway said Trump is serious about possibly closing the U.S.-Mexico border this week
Lire la suite »
Trump White House doubles down on threat to close U.S.-Mexico borderMulvaney said it would take “something dramatic” to persuade President Trump to keep the border open.
Lire la suite »
Ten U.S. Exports And Imports That Would Be Hurt If Trump Closes Mexico BorderIf President Trump follows through on his threat to close the U.S.-Mexico border this week, it will hit cross-border trade in the stomach, hammering tomato imports and U.S. pork exports, among other items. Here are the 10 largest imports and exports between the U.S. and Mexico.
Lire la suite »