Mexico Tariffs

Another day, another tariff war. Every morning we wake up there seems to be new tariffs on some country who most Americans thought were our allies. Today’s fight is with Mexico and beginning June 10th there will be a 5% tariff on all goods being imported from Mexico. The tariffs are in an effort to push Mexico to address the immigration issues. If their response is not acceptable the White House will increase the tariff by 5% each month until it reaches 25%. The rate will remain at 25% until Mexico “substantially stops the illegal inflow of aliens coming in through its territory.”.

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