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The real cost of Trump’s tariffs on Mexico, explained

Posted on AllSides June 5th, 2019
From The Left
Trade, Mexico, tariffs

Trump’s tariffs on Mexican products could cost American families up to $900 each.

Whatever President Donald Trump might say, the burden of his planned tariffs on Mexico will be borne by Americans — as much as $900 per household, according to a group of economists Vox surveyed.

The auto industry is by far the most significant casualty; America’s biggest imports from Mexico are cars and auto parts. But data processors, telephones, televisions, and even beer are also moving all the time across the border. Whether it’s a car or a...

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https://www.vox.com/policy-and-politics/2019/6/5/18651145/trump-mexico-tariffs-cost-meaning-how-tariffs-work

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