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Quick Take: Your Primer on the New Tariffs on Mexico

From uschamber.com

Fill me in: President Trump announced Thursday that the White House plans to impose a 5% tariff on all goods from Mexico starting June 10 in response to the influx of migrants across the southern border. The tax would gradually increase to as much as 25% until the flow of undocumented immigrants across the border stops. Why does it matter? Farmers, ranchers, workers, families, and businesses across the country are already reeling from the impact of recent tariff actions. New tariffs on goods from Mexico –which recently became America’s number one trading partner –will hurt American families and hobble the U.S. ... (full story)

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  • Category: Fundamental Analysis