Former President Donald Trump has announced a plan to impose a 25-75% tariff on all Mexican imports if Mexico does not take action to curb the flow of criminals and drugs into the United States. Trump emphasized that the tariff would be implemented immediately upon his election if the Mexican government, led by President Claudia Sheinbaum, fails to address the issue. Economists have warned that such a tariff could lead to a significant increase in the cost of goods imported from Mexico, which is currently the top trade partner of the U.S. Trump also mentioned that the tariff could be increased to 50% or even 75% if necessary to achieve the desired results. The tariffs aim to pressure Mexico into cracking down on illegal border crossings.
