Trump’s plan to impose new tariffs on goods imported from Mexico starting Monday could cause chaos and dramatically slow trade all along the U.S. southern border
President at a moment when one of the world’s most strategic commercial corridors is getting busier.
Mr. Trump said last week that he would impose an additional 5% duty on all Mexican imports until Mexico gets the flow of Central American immigrants crossing the U.S. border under control. Migrant crossings are at the highest level in years.The U.S. has threatened to impose escalating tariffs on Mexican imports starting next week. WSJ's Gerald F. Seib explains why the tariffs will likely start at 5%, but may not escalate all the way to 25%.
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