Further attacks by Mr. Trump! Stock decline and economic recession due to Mexico tariffs!?

President Trump of the United States on the 30th said that Mexico is not responding adequately to illegal immigration flowing from the Mexican border, and that from June 10 he will impose a 5% tariff on all imports from Mexico and will progressively raise the tariff rate until the inflow of migrants stops [nL4N236563]. Mexican President López Obrador urged Trump to retract [nL4N2374P7]—Reuters

In response to Trump’s plan to levy tariffs on Mexico, experts say it could pose significant risks to the economy, and U.S. stock prices have fallen sharply.

Furthermore, Mexico hosts factories of Japanese automakers, so tariffs on Mexico could have a substantial impact.

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