Trump to Punish Mexico for Illegal Immigration with Tariffs

May 30th, 2019

Via: Reuters:

President Donald Trump, incensed by a surge of illegal immigrants across the southern border, vowed on Thursday to impose a tariff on all goods coming from Mexico, starting at 5% and ratcheting higher until the flow of people ceases.

…

Higher tariffs will start at 5% on June 10 and increase monthly until reaching 25% on Oct. 1, unless Mexico takes immediate action, he said.

“If the illegal migration crisis is alleviated through effective actions taken by Mexico, to be determined in our sole discretion and judgment, the tariffs will be removed,” Trump said.

Posted in Economy, War | Top Of Page

4 Responses to “Trump to Punish Mexico for Illegal Immigration with Tariffs”

  1. dale says:
    May 31, 2019 at 9:28 pm

    5% a month reaching 25%, in October no less. That should generate a wobble. At this point, we must be running on inertia.

  2. Kevin says:
    May 31, 2019 at 10:23 pm

    Yep, it’s major, assuming he isn’t bluffing.

  3. dale says:
    June 1, 2019 at 8:15 am

    So true, assuming he isn’t bluffing. To a degree, all the tariffs remind me of the sheriff’s hostage in Blazing Saddles. Maybe we’re the hostages, forced to watch this Never Ending Story as The Nothing approaches.

  4. Kevin says:
    June 1, 2019 at 12:07 pm

    Trump’s short timeline allows for no BS and I guess the Mexicans don’t think he’s bluffing.

    Mexican president hints at migration concessions to defuse U.S. trade spat

    https://www.reuters.com/article/us-usa-trade-mexico/mexican-president-hints-at-migration-concessions-to-defuse-u-s-trade-spat-idUSKCN1T237F

    We’ll see. I’m not expecting anything to change, except for the worse.

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