President Trump threatened to impose escalating tariffs on Mexican imports beginning early June. WSJ's Gerald F. Seib explains how these new tariffs could imperil the new Nafta, or USMCA. Photo: GettyPresident Trump said Thursday that progress was being made in border-security talks between Mexican and U.S. officials, but warned that Mexico must “step up to the plate” if it wants to head off tariffs planned for next week on $350 billion in imports. Officials were set to begin a second day of talks in Washington on Thursday, after a first day of negotiations ended with no deal Wednesday.

Source: Wall Street Journal June 06, 2019 13:10 UTC