President Trump has announced a tariff on all goods coming from Mexico starting June 10 — TheStephSy discusses whether this could solve the immigration issue in today's The 360
Speed readWhat's happening: President Trump announced the United States would impose a 5 percent tariff on all goods coming into the country from Mexico starting June 10,"until the Illegal Immigration problem is remedied." The tariffs would increase to as much as 25 percent in the months that follow.
Why there's debate: Proponents of the plan see it as a strong method of compelling Mexico to address immigration. Any economic impact the tariffs have is worthwhile, they argue, if it leads to changes that alleviate issues at the southern border. Others argue that the ongoing trade war with China shows that Trump doesn't understand the basic facts of how tariffs work, mistakenly thinking the other country foots the bill.
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