5% Tariffs on Mexico Imports Set for Monday

The transcript discusses ongoing US-Mexico tariff negotiations, highlighting the State Department's optimism despite no agreement being reached. It mentions President Trump's emergency order draft for Mexico tariffs and the potential for more tariffs on China, with decisions expected after the G20 summit. The timeline for these decisions remains uncertain.

What is the main reason for the urgency in the US-Mexico tariff negotiations?

• The upcoming G20 summit

• The expiration of a trade agreement

• The potential implementation of tariffs

• A change in the US administration

What has Mexico done in the recent negotiation sessions?

• Made offers to the US

• Implemented new tariffs on the US

• Refused to negotiate further

• Requested more time for talks

What legal basis is the US President considering for implementing tariffs on Mexico?

• A new trade agreement

• An emergency declaration

• A Supreme Court ruling

• A congressional approval

What is the significance of the G20 summit for US-China relations?

• It will finalize a new trade agreement

• It will result in a new military alliance

• It will determine the future of US tariffs on China

• It will lead to the lifting of all tariffs

What is President Trump's approach to the timeline for decisions on China tariffs?

• He has not set a firm timeline

• He will decide before the G20 summit

• He will decide after consulting Congress

• He has set a strict deadline