Trump Vows to Impose 5% Tariff on All Goods Imported from Mexico – and Increase It Every Month to 25% in October Unless Illegal Migrants Stop Crossing the Border to the US
The border crisis has increased since Trump took office, despite hisĀ effort to build a wall. US officials reported that 80,000 people are being held in custody, while 4,500 more migrants enter the US each day. President Trump vowed to impose a 5% tariffĀ on all goods from Mexico, adding an additional 5% each month until it reaches 25%, and then he claims he will only end it when there is a substantial decrease in ‘illegal migrants’ crossing the border into the US. Trump said he was acting under the powers granted to him by the International Emergency Economic Powers Act.Ā
President Trump announced the five percent tariff on Mexican imports on Thursday via Twiter
The tariffs will start at 5 percent on June 10 before increasing every month unless Mexico takes steps to stop the surge
It
will remain at 25 percent until ‘Mexico substantially stops the illegal
inflow of aliens’, a statement from the White House said
Trump’s
move was a dramatic escalation of his battle to control a tide of
illegal immigrants that has increased despite his efforts to build a
border wall
U.S. officials said 80,000 people are being held in custody with an average of 4,500 arriving daily
President Donald Trump has vowed to impose
a five percent tariff on all goods from Mexico – and claims he will
only end it when ‘illegal migrants’ stop crossing the border into the
U.S.
In a surprise announcement that
could compromise a major trade deal, Trump tweeted news of the tariff on
Thursday in a bid to pressure Mexico to do more to crack down in the
surge of migrants trying to cross the U.S. border.
The
tariffs will start at 5 percent on June 10 before jumping to 10 percent
on July 1, 15 percent on August 1, 20 percent on September 1 and go up
to 25 percent on October 1 unless Mexico takes steps to stop the surge.
‘On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP,’ he tweeted.
‘The Tariff will gradually increase until
the Illegal Immigration problem is remedied at which time the Tariffs
will be removed.’
In a follow up
statement from the White House, Trump said the tariff’s would
permanently remain at 25 percent until ‘Mexico substantially stops the
illegal inflow of aliens’.
Trump’s
move was a dramatic escalation of his battle to control a tide of
illegal immigrants that has increased despite his efforts to build a
border wall and take other steps.
U.S. officials said 80,000 people are being held in custody with an average of 4,500 arriving daily.
‘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.
Mexico’s
deputy foreign minister for North America, Jesus Seade, said on
Thursday that it would be disastrous if Trump goes through with his
threat to impose the tariffs.
‘It would be extremely serious… If this is put in place, we must respond vigorously,’ Seade said.
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