After recently increasing the percentage of tariffs and applying them to a broader range of Chinese imports, US President Donald Trump has now imposed new tariffs on imports from Mexico.
The proposed 5 percent tariff on all Mexican imports is yet to be made official, but Trump’s announcement has already caused concern across a range of sectors.
Trump said today on Twitter: “On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration problem is remedied, at which time the Tariffs will be removed. Details from the White House to follow.” [Read more…] about Trump announces tariffs on imports from Mexico
