Trump Announces 5% Tariff On All Goods From Mexico, Including Cars

President Trump has announced plans to impose a five percent tariff on all goods imported from Mexico starting on June 10th.

In a statement, the President said the “United States of America has been invaded by hundreds of thousands of people coming through Mexico and entering our country illegally. This sustained influx of illegal aliens has profound consequences on every aspect of our national life—overwhelming our schools, overcrowding our hospitals, draining our welfare system, and causing untold amounts of crime.” He went on to say “thousands of innocent lives are taken every year” due to gangs, smugglers, human traffickers and illegal drugs pouring across the border.

President Trump says this has to stop and claimed Mexico “could easily halt the illegal flow of migrants, including by returning them to their home countries.” Since Mexico hasn’t done this, the President is evoking the International Emergency Economic Powers Act to impose new tariffs on the country.

The tariffs will start at five percent, but the President said they will be raised to ten percent, on July 1st, if illegal migration isn’t stemmed through “effective actions taken by Mexico.” The tariffs will continue to rise until that happens and they’ll hit 15 percent on August 1st, 20 percent on September 1st and 25 percent on October 1st.

While the President said the tariffs are designed to get Mexico to stop the flow of illegal immigrants and drugs, he also said the tariffs could pressure companies to move production back to the United States. As he claimed, “The sustained imposition of tariffs will produce a massive return of jobs back to American cities and towns.” Trump later tweeted Mexico has “taken 30% of our auto industry,” and suggested these jobs could return to America if tariffs remain high.

Also Read: Shifting Chevy Blazer Production From Mexico To Ohio “Very Costly,” Says GM CEO

The tariffs could have a significant impact on consumers and automakers as a number of vehicles are built in Mexico. BMW could be especially hard hit as the company is set to begin production of the 3-Series at their brand-new San Luis Potosi plant later this year. Of course, they’re not the only company with a plant in Mexico as GM, FCA, Mazda, Nissan, Honda, Toyota and Volkswagen build vehicles there as well.

  • Stephen G

    “The sustained imposition of tariffs will produce a massive return of jobs back to American cities and towns”…thus creating the need for more workers, consequently more immigrants. This guy?

  • Jason Miller

    Who’s ready for more price increases?

  • Craig

    Good. To hell with Mexico.

    • rodriguez256

      Wow, removing all doubt ahead of time I see.

      • Craig

        Mexico needs to be pushed back. And hard.

    • helloWorld

      i see you are not aware that most midwestern products go to mexico and china

      • Craig

        I am fully aware.

    • Elpatore

      I mean, the only ones losing here are the american consumers….

      • Craig

        No pain. No gain.

  • Matteo Tommasi

    Every day this man proves he is MORE dumb than I rated him the day before.
    And this rating has had A LOT of time to grow.

  • Paul

    Poor GM. Now the customer takes the hit because in their quest for greater profits and freedom from unions they flee to Mexico.

  • Elpatore

    In a sea of stupidity, This comment is a breath of fresh air.

  • Perry F. Bruns

    There’s also automation. It’s here, and it’s expanding. The more we teach people to build, use, maintain, and improve automated production processing and equipment, the more future-resistant we get.

  • Enter Ranting

    President Dildo strikes again.

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