The Indian Wire » World » President Trump slapped Mexico with 5% US trade tariffs until ‘immigration problem’ fixed

President Trump slapped Mexico with 5% US trade tariffs until ‘immigration problem’ fixed

Washington DC, May 31: United States President Donald Trump has on Thursday threatened to impose fresh tariffs on its neighbour Mexico if the nation does not step up its enforcement move and take steps to halt the illegal immigration.

According to ANI news reports, CNN quoted Trump in a White House statement as saying the first round of US tariffs would kick off on June 10 at five per cent over “all goods imported from Mexic”.

The White House statement stated the US president would be carrying out his threats on Mexico under the authorities from the International  Emergency Economic Powers Act and that he would lift tariffs only if the “illegal migration crisis is alleviated through effective actions taken by Mexico”.

Trump further cautioned if Mexico didn’t adhere to Trump’s demand then the US tariffs would rise up to 10 per cent of Mexico good imports by July, up to 15 per cent by August, 20 per cent by September and would reach 25 per cent by October.

According to the American trade representative office, the Mexican goods exported to the US include agriculture products, machinery and cars, which accumulated to approximately USD 346.5 billion in last year.

Trump took it to Twitter promising the rising tariffs on Mexican exports would stay in place until it does not cut off the illegal immigration flow.

On Thursday, the US president has stated a “major statement” was forthcoming over illegal immigration into the US from the southern border.

At the White House, Trump told reporters: “It will be a statement having to do with the border and having to do with people illegally coming over the border and it will be my biggest statement so far on the border.”

However, Trump refused to offer further details over his announcement of but stated he was not closing the southern border to immigration.

Trump was quoted as saying, “I’m not closing the border, I’m doing something else.”

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