Mexico’s economy, which is heavily reliant on exports to the United States, shrank in the first quarter and would reel under US tariffs that could reach as high as 25 per cent this year under Trump’s plan.
In April, Trump took a step back from an earlier threat to completely close the US border with Mexico to fight illegal immigration, under pressure from companies worried it would cause chaos for businesses. The tide of migrants crossing from Mexico has swelled, with US officials saying that an average of 4,500 are arriving daily.
The influential US Chamber of Commerce is looking at ways to challenge Trump’s tariff move against Mexico, including legal options. “We have no choice but to pursue every option available to push back,” Neil Bradley, the business group’s executive vice president and chief policy officer, told reporters.
Underscoring the interconnected nature of the US and Mexican economies, the US-based Beer Institute said most Mexican beer sold in the United States is made from US-grown barley and hops. The plan would impose a 5 per cent tariff on Mexican imports starting on June 10 and increase monthly, up to 25 per cent on October 1.
Big bully!!!!!!
US has been exploited by Europe for defence, middle east for tribal wars and oil, Israel for genocide, south America for drugs and migration, China for IP theft and trade, Mexico for trade and crime so Trump push back is understandable.
Immigration isn't America's real problem, undocumented workers are, to solve that merely offer amnesty to all non-citizens living in America, grant them citizenship.
The Mexican government can stop people crossing the border? How? It's pretty cool to find out Mexico can do stuff America is powerless over...
Immigrants and business/import are totally different by far!Threats to Mexico Govt. does not stop desperate ppl leaving on their free will to leave their homes behind to find a better place and life for their family elsewhere.