Economic Indicators

Businesses warn Trump of consequences of new Mexican tariffs

In a surprise announcement that could derail a major trade deal, President Donald Trump has announced that he is placing a 5% tariff on all Mexican imports, effective June 10, to pressure the country to do more to crack down on the surge of Central American migrants trying to cross the U.S. border.

Trump announces new Mexican tariffs in response to migrants

In a surprise announcement that could compromise a major trade deal, President Donald Trump announced Thursday that he is slapping a 5% tariff on all Mexican imports to pressure the country to do more to crack down on the surge of Central American migrants trying to cross the border.