Trump announces new tariff on Mexican goods Unlisted Video
4 years ago
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President Andres Manuel Lopez Obrador
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President Donald Trump is taking action against the surge of undocumented immigrants crossing the border. According to Reuters, he announced a new tariff starting at 5 percent on all goods coming from Mexico. Using it as a threat to the Mexican government, he said the percentage will go up if the flow of immigrants doesn’t slow down. Some of these immigrants are Central American families seeking asylum from poverty and violence. Investors were not happy about the announcement, fearing it will worsen trade and hurt the global economy.
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