The real cost of Trump’s tariffs on Mexico, explained
Trump’s tariffs on Mexican products could cost American families up to $900 each.
These items will become more expensive if Trump's tariffs on Mexican imports take effect on Monday: • Cars and auto parts • Crude oil • Televisions, phones, and computer equipment • Medical and surgical instruments • Dates, figs, & pineapples • Beer
Even the hard core protectionists don't want tariffs on Mexico. Rob Scott of EPI says “Tariffs will raise the costs of North American vehicles and reduce their competitiveness with imports from other countries. It is a lose-lose strategy.”
Trump's trade war is going to hurt.
and Gary Hufbauer to