Trade Cases
June 2, 2019
Trump to Penalize Mexico with Tariffs Over Immigration
Written by Sandy Williams
Promises of steel tariff relief were short-lived for Mexico as President Trump’s latest tariff move adds new penalties and dashes hopes for quick ratification of the USMCA.
Trump announced on Thursday that 5 percent tariffs will be imposed June 10 on all Mexican goods, including steel, until such time that Mexico stops the influx of illegal immigrants into the United States. If the perceived crisis persists, the tariffs will be increased by 5 percent each month until it reaches 25 percent in October.
