Tariffs talks between the United States and Mexico has finally ended after reaching on a deal as Mexico agreed to take measures to stem the influx of migrants.
Earlier, US President Donald Trump warned to increase the trade tariffs on Mexico if it didn’t take steps to stop immigrants. Now, the decision of implementing duties on Mexico goods has suspended after successful trade talks. Mr. Trump said that if things will go on the right way then it is going a successful agreement.
Some critics said that tariffs can escalate the costs for consumers and industries in the United States. Mr. Trump threatened to increase the duties on products by 5% each month until it reaches 25% in October. The affected products included beer, cars, fruit, tequila, and vegetables.
The US and Mexico agreed on the deal after three days of negotiations wherein the US called for Central American migrants crackdown. US state department declared that Mexico will do possible efforts to control irregular migration and human trafficking.
Mexico also showed the willingness to deploy National Guard across the country and additional 6,000 troops to its southern border. It also agreed to handle human smuggling networks under the deal.
Meanwhile, the United States will not increase the tariffs on Mexican goods and extend its framework of sending asylum seekers back to Mexico till finalization of their claims. The US will also speed up the adjudication process of asylum seekers in return. The US and Mexico also promised to make the bilateral co-operation stronger, especially over border security.
Read More: World News
Copyright © 2019 Ghanalive.TV. All Rights Reserved.