Factbox: Effect of potential Mexico tariffs on U.S. companies

  • 📰 Reuters
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

U.S. companies have begun to respond to President Donald Trump's proposed t...

- U.S. companies have begun to respond to President Donald Trump’s proposed tariffs on Mexican imports with mixed comments on the effects they would have on them and their customers.

The tariffs currently set for 5%, will rise every month until they reach 25% on Oct. 1, unless Mexico takes action to curb illegal immigration. The U.S.-based Mexican-themed chain estimated a $15 million hit from Trump’s proposed tariffs on Mexican imports, and said it could cover that by raising burrito prices by around 5 cents.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Almost 60% of all fruits and vegetables american People consume, are imported From México, si there you have it.

The effect of Mexican tariffs.🇺🇸🌎💋🙄😢

Why don't you compare that to the effect on Mexican businesses? Also, have you done an in-depth 'Factbox' on the actual effects of tens of millions of destitute people flooding into the country? Nope. Because you have an agenda: hide real news behind cherry-picked 'facts'.

It will probably effect the American people that use the products more than the companies.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Netflix to 'rethink' investment in Georgia if abortion law takes effectNetflix Inc said on Tuesday it would 'rethink' its film and television... it's all about the money Thank you! Bye Felicia
Source: Reuters - 🏆 2. / 97 Read more »