According to recent reporting, officials representing the U.S. and Mexico have failed to reach an agreement on measures to stop the flood of migrants traveling through Mexico.  As a result of the scale of the crisis, and without an agreement from Mexico to stop the worsening problem, President Trump has announced tariffs on imported goods from Mexico will start June 10th.
A hastily called press conference by Mexican officials is pending.  Livestream Link

Predictably Mexican President Lopez-Obrador is unwilling to stop the migration from Central America.  There are strong indications the Mexican government does not control the border region as Mexican drug cartels are in charge.
Last month U.S. Customs and Border Patrol report 144,278 people were apprehended attempting to cross the U.S. southern border in May alone.  The region is in crisis.
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…“It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm defenders in those who gain by the new ones.” 

~ Niccolò Machiavelli

CTH has been fully immersed in the battle against the Chamber of Commerce Decepticons for so long we have to be careful of our language.  This battle is the heart of Wall Street’s war against MAGA Main Street.
Republican senators from Mitch McConnell’s ‘decepticon caucus’ are now warning President Trump they will fully engage in an open effort to stop him from confronting the corrupt corporate systems that finance their life of indulgence.  Tariff’s on Mexico are a bridge too far for Tom Donohue and the multinational Wall Street lobbying system.  The republicans who benefit from K-Street lobbyist payments are now on full display.

Senate Leader Mitch McConnell has one major career alliance that has been unbroken and unchanged for well over two decades.  That alliance is with the U.S. Chamber of Commerce and specifically with CoC President Tom Donohue.  [SEE HERE and SEE HERE].
However, decepticon senator John Kennedy (U-LA) has personally spoken to Trump and outlines the president will not back down in the face of their threats:

“He’s as serious as four heart attacks and a stroke,” Kennedy told reporters at the Capitol. “A 5% tariff isn’t going to break the bank. A 25% tariff is a different story, but we are a long way from there.” (link)

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The hypocrisy and ideology of the Mexican position would indicate the tariffs are certain to take place.  Factually, after Mexico has made their “red line” position clear, one could argue there’s no reason to go through the graduated timeline; the U.S. might as well just start applying the full 25% tariff amount on June 10th.

WASHINGTON/MEXICO CITY (Reuters) – Mexico said on Monday it would reject a U.S. idea to take in all Central American asylum seekers if it is raised at talks this week with the Trump administration, which has threatened to impose tariffs if Mexico does not crack down on illegal immigration.
[…] Mexican Foreign Minister Marcelo Ebrard said the country was committed to continuing to work to keep migrants from Central America from reaching the U.S. border.

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Acting chief-of-staff Mick Mulvaney appears on Fox News to answer Chris Wallace question about whether President Trump is serious about punishing Mexico with tariffs for their lack of action on illegal central American migrants.
Mulvaney skewers Wallace and predicts the tariffs will hit. Additionally Mulvaney sets the record straight on the impact of tariffs on consumers.
Generally, watching a Chris Wallace segment is worthless; however, Mulvaney’s linguistic Ginsu delivery is so good, this one is worth watching:

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Well, this doesn’t come as a surprise.  Hoping to keep the borders open and fend off the Trump tariff’s on Mexican imports, Mexico’s President Lopez-Obrador (AMLO) enlists the help from Tom Donohue and the U.S. Chamber of Commerce.

MEXICO CITY (Reuters) – Mexico’s president and the top U.S. business lobbying group called on President Donald Trump to back down from a threat to impose punitive tariffs on Mexican imports, in a dispute over migration that could shock Mexico’s economy.
[…] The ultimatum from Trump is the biggest foreign policy test to date for Mexican President Andres Manuel Lopez Obrador and a tall order for Mexican security forces struggling not only to combat migrant flows but also to fight a record level of gang violence and homicide.

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As Wall Street’s Big Club politicians go bananas over the pending tariffs on Mexico, House Judiciary Committee ranking member Doug Collins appears on Fox morning to discuss his own visit to the border, the growing crisis and the political intransigence in DC.

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AMLO knows there is no way for Mexico to begin retaliating against the U.S. after President Trump demanded they step-up migration travel enforcement or face U.S. tariffs on Mexican imports.  There’s no way for Mexico to take on Trump economically; and they would be foolish to try…  All business interests in Mexico will take a financial hit as soon as the stock market opens tomorrow: [Tweet Link]
No doubt Mexican Foreign Minister Jesus Seade will reach out to Jared Kushner for relief/assistance; but don’t look for President Trump to change on this issue until he sees substantive actions taking place.  Trump knows AMLO has a tendency to play political games with immigration; he’s made hollow promises before; and now Jesus Seade is in a very tenuous position.

(Reuters) […] The announcement rattled investors who feared that worsening trade frictions could hurt the global economy. The Mexican peso, U.S. stock index futures and Asian stock markets tumbled on the news, including the shares of Japanese automakers who ship cars from Mexico to the United States.

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Jumpin’ ju-ju bones, President Trump has just announced an emergency tariff program on all Mexican goods that begins on June 10th at 5% and continues to increase monthly until Mexico takes action to halt illegal Central American migration.
Tariff Schedule: ♦5% effective June 10th ♦10% effective July 1st ♦15% effective August 1st ♦20% effective September 1st ♦25% effective October 1st, and continuing therein until Mexico takes action to stop the flow of Central American migrants.

Details from the White House: As everyone knows, the United States of America has been invaded by hundreds of thousands of people coming through Mexico and entering our country illegally.
This sustained influx of illegal aliens has profound consequences on every aspect of our national life—overwhelming our schools, overcrowding our hospitals, draining our welfare system, and causing untold amounts of crime. Gang members, smugglers, human traffickers, and illegal drugs and narcotics of all kinds are pouring across the Southern Border and directly into our communities. Thousands of innocent lives are taken every year as a result of this lawless chaos. It must end NOW!
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Vice-President Mike Pence traveled to Canada today as an emissary of the Trump administration to support Canadian passage of the USMCA trade agreement.
According to Reuters media reports the vice-president was focused on the importance of a strong North American economic alliance, and how a united tri-lateral agreement can form a geopolitical hedge against influence from communist China and socialist ideologies in Cuba and Venezuela. Justin from Canada expressed his perspectives over diminished women’s rights, U.S. abortion laws, the important contributions of a transgender workforce, climate change and the NBA championship playoffs…. Yes, really:

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Meanwhile in Mexico: “The Senate, controlled by Lopez Obrador’s National Regeneration Movement (MORENA) and its allies, should approve the United States-Mexico-Canada Agreement (USMCA) once it has passed through congressional committee, the president said.” (link)
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Steve Bannon is in Paris, France as the nationalist wins in the EU parliamentary election results fill the headlines.  Additionally, Bannon gives his opinion on the strategic importance of President Trump’s recent state visit to Japan.

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“Economic security is national security“… I would emphasize the strategy within the multi-layered geopolitical economic reset is all President Trump.  The restoration of a sovereign U.S. economy, and the increases in Main Street American wealth, is Donald Trump’s primary agenda item.  The President listens to advisers on a variety of economic and trade matters, but the America-First policy strategy is all his.
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