Trump promises tariffs of 25% to 75% on Mexican goods unless illegal immigration stops
Fears have been expressed that the imposition of tariffs, as promised by former President Trump, might well fuel a spike in immigration to the United States from Mexico. USA Today reports that Trump “vowed to immediately impose 25% tariffs on all goods from Mexico as punishment if the country doesn’t help curb the flow of immigration into the U.S., should he win on Election Day Tuesday.
`I’m going to inform her on day one or sooner that if they don’t stop this onslaught of criminals and drugs coming into our country, I’m going to immediately impose a 25 percent tariff on everything they send into the United States of America,’ Trump said during his rally in Raleigh, N.C. [today], referring to Mexico’s president.
Trump argued the proposal has an `100% chance of working’ because if the 25% tariff doesn’t work, he’ll squeeze the country with a 50% and then 75% tariff.”
KJ