Trump steps back from Mexico border threat as companies warn of economic fallout

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 59%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Trump threatened on Friday to close the border this week unless Mexico acted. Auto companies have been warning the White House privately that it would lead to the idling of U.S. plants within days because they rely on prompt deliveries of components made in Mexico. The U.S. Chamber of Commerce, the

WASHINGTON - President Donald Trump took a step back on Tuesday from his threat to close the U.S. southern border to fight illegal immigration, as pressure mounted from companies worried that a shutdown would cause chaos to supply chains.

Trump praised efforts by Mexico to hinder illegal immigration from Central America at its own southern border. On Monday, the Mexican government said it would help regulate the flow of migrants. Republican Senate Majority Leader Mitch McConnell joined Democrats in warning Trump against such a move. Automakers exported nearly 2.6 million Mexican-made vehicles to the United States in 2018, accounting for 15 percent of all vehicles sold in the country. Some, like the Chevrolet Blazer SUV, are only made in Mexico.

Mexican Foreign Minister Marcelo Ebrard said on Tuesday that backups were delaying commercial traffic at the U.S.-Mexico border at several crossings. He said the government had not drastically changed its migration strategy following the shutdown threats.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 380. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Closing the border with Mexico could bring the auto industry to a halt, experts sayClosing the border with Mexico could bring the auto industry to a halt, experts say. Roughly 37% of the imported parts used on US-made vehicles are imported from Mexico. You're actually asking Trump to look at and consider the facts and how many people will be harmed by his actions? What's your point? Is there a car crisis in the United States? And Mexican brick weed
Source: NBCNews - 🏆 10. / 86 Read more »