Infographic: Costs of a Five Percent Mexico Tariff on US Consumers
On June 10, without a deal, the United States will place a 5 percent tariff on all Mexican products, with the potential to escalate by 5 percent each month until October, reaching a potential maximum of 25 percent. The US tariffs, levied in response to President Trump’s demand that Mexico stop all migration, would have immediate effects on US consumers and businesses. What are the potential effects of US tariffs at the state and national levels?
This new Adrienne Arsht Latin America Center infographic distills some of the economic ramifications that would accompany tariffs.
Download the Infographic here.