WORLD · ECONOMY · NOV 12, 7:27 AM ET
Trump threatens to double tariffs on Mexico if migrant caravans not stopped
Reported by 30 outlets in the past day, including Fox News, Reuters, Anadolu Ajansı.
1What happened
President Donald Trump threatened to immediately double tariffs on Mexico if it fails to stop migrant caravans marching toward the U.S. southern border. Fox News ↗
2Compared to what
Trade balance, share of the economy: -3.7%. Lower than in 88% of quarters since 1947.
BEA; net exports ÷ GDP · More in perspective
Sources
- Trump threatens to double tariffs on Mexico if migrant caravans not stopped ↗Fox News
- Trump threatens to double tariffs on Mexico if it does not halt migrants ↗Reuters
- Trump threatens to double tariffs on Mexico over alleged migrant caravans ↗Anadolu Ajansı
- Trump Threatens to Double Tariffs on Mexico Over Migrants ↗Bloomberg