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LeadershipPolitics

Trump to Impose 5% Tariff on Mexico Over Illegal Immigration

By
John Harney
John Harney
and
Bloomberg
Bloomberg
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By
John Harney
John Harney
and
Bloomberg
Bloomberg
Down Arrow Button Icon
May 30, 2019, 8:09 PM ET
President Donald Trump said that he would impose a 5% tariff on Mexican goods until that country stops immigrants from entering the U.S. illegally.

The tariff would take effect on June 10 “until such time as illegal migrants coming through Mexico, and into our country, STOP,” Trump said in a Twitter post on Thursday night.

He warned that the levy “would gradually increase until the illegal immigration problem is remedied at which time the tariff will be removed.”

The tariffs could rise as high as 25% on Oct. 1, Trump said in a statement released by the White House.

“Mexico must step up and help solve this problem,” Trump said in the statement.

More must-read stories from Fortune:

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—What would impeachment look like in Trump’s America?

—Rep. Rashida Tlaib is unapologetic about her expletive-filled call for Trump’s impeachment

—Trump tweets that Democrats want to impeach him for being ‘too successful’

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