The daily business briefing: June 6, 2019

The U.S. and Mexico fail to reach a tariff deal as migrant surge continues, YouTube vows to remove hateful and hoax videos, and more

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1. U.S, Mexico fail to reach tariff deal as migrant surge continues

Central American migrants were detained at the U.S.-Mexico border in record numbers last month, the Trump administration announced Wednesday. More than 144,278 migrants were arrested on the southwest border in May, the biggest monthly total in seven years and 32 percent more than in April. President Trump has threatened to impose tariffs on all imports from Mexico unless it helps stop the flow of undocumented immigrants. Mexico's top diplomat met with Vice President Mike Pence and other U.S. officials on Wednesday to try to convince them Mexico is doing its best to stop illegal immigration. The two sides failed to reach a deal Wednesday, and will continue talks Thursday. Senate Republicans have threatened to block Trump's tariffs, due to start at 5 percent and increase monthly to a maximum of 25 percent. Critics say the tariffs could kill hundreds of thousands of U.S. jobs.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.