Trump’s fake negotiations

Per Heather Cox Richardson:

“. . . Donald Trump, sparked a crisis last Friday when his White House press secretary, Karoline Leavitt, announced that he fully intended to go through with the trade war he had hyped on the campaign trail. Trump announced he would levy tariffs of 25% on most products from Mexico and Canada and of 10% on products from China, beginning at 12:01 a.m. on Tuesday, in violation of the trade agreement his own team had negotiated during his first term. 

 

“As soon as Leavitt announced the upcoming tariffs, the stock market began to fall, and by last night, stock market futures had fallen 450 points on the expectation of tariffs hitting at midnight tonight. Today, the stock market continued to fall. Even reliable Trump allies began to complain that the tariffs would raise prices. The Wall Street Journal editorial board called Trump’s tariffs “the dumbest trade war in history.”

“Today, the president of Mexico, Claudia Sheinbaum, announced that she and Trump had “reached a series of agreements” that would pause the threatened tariffs for a month. Mexico agreed to “reinforce the northern border with 10,000 elements of the National Guard immediately, to prevent drug trafficking from Mexico to the United States,” while the U.S. “commits to work to prevent the trafficking of high-powered weapons to Mexico.”

 

“When Trump announced their conversation shortly afterward, he omitted the part of the agreement that committed the U.S. to try to stop the flow of guns to Mexico. He also did not mention that, in fact, Mexico committed to putting 10,000 troops at the border in 2021. As Catherine Rampell of the Washington Post commented: “Any news outlet reporting Mexico conceded anything to Trump to get him to delay tariffs has not done its homework. Trump boasts he got Mexico to commit to stationing 10K troops at our border. Apparently he didn't realize Mexico already has 15K troops deployed there[.]”

 

“The crisis at the northern border worked out in a similar fashion. After conferring, Prime Minister Justin Trudeau and Trump announced a 30-day pause in the implementation of tariffs. Trudeau agreed to appoint a border czar and to implement a $1.3 billion border plan that Canada had announced in December.

In other words . . . Trump created an economic crisis that threatened both domestic and global chaos, then claimed Biden administration achievements as his own and declared victory.”