date:Jun 06, 2019
5% tax on Mexican imports unless that country halts all unauthorized border crossings into the U.S. The tariffs would climb to 25% in the coming months if Mexico fails to stop the flow of immigrants.
But rather than force concessions from China and Mexico, the tariffs could boomerang on U.S. consumers and companies. The taxes could raise the price of fruits and vegetables and disrupt the supply chain for auto parts in ways that could hurt vehicle sales.
A 2017 research paper co-authored by Sha