President Trump is threatening to impose a 5% tariff, or tax, on all Mexican imports starting Monday, unless Mexico does more to stop Central American migrants from reaching the U. S. Border. But last minute talks continue.
CHICAGO (CBS) — What will happen come Monday?
The U. S. and Mexico claim progress is being made to avoid import tariffs. Still, President Trump is threatening to impose tariffs to stem the flow of Central American immigrants crossing into the U. S. from Mexico.
CBS 2 political reporter Derrick Blakley has more on what these tariffs could mean when you head to the store.
The United States imports a wide array of Mexican products, from automobiles to auto parts to clothing. But if President Trump makes good on his threat to impose tariffs on Mexican goods, the first place most consumers will feel the pain will be their grocery bill.
