Trump announced 5% tariffs on Mexican imports starting in 10 days, increasing 5% per month until they hit 25%. When you look at the costs to U.S. businesses and consumers from these and the 25% tariffs on Chinese goods, the economy is about to take a huge negative hit no matter what Trump says.
Trump announced 5% tariffs on Mexican imports starting in 10 days, increasing 5% per month until they hit 25%. When you look at the costs to U.S. businesses and consumers from these and the 25% tariffs on Chinese goods, the economy is about to take a huge negative hit no matter what Trump says.
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