Trump's Mexico tariffs could hurt growth

Published June 4, 2019 199 Views

Rumble / Trending NewsBusiness Insider reports the primary measure of economic growth that President Donald Trump touts over and over again could take a direct hit as a result of his newly threatened tariffs on all of the goods the US imports from Mexico. The risks the tariffs pose to GDP are only part of the puzzle. The proposed duties, set to take effect next week, will eat into corporate earnings, hit the stock market, and boost prices for consumers, market strategists and economists say.