Key Facts:
- President Trump is imposing tariffs on all imported goods from Mexico beginning on June 10, 2019
- The tariff rate will begin at 5% and increase to 10% on July 1, 15% on August 1, 20% on September 1, and 25% on October 1, 2019.
- The tariffs will remain at 25% until “Mexico substantially stops the illegal inflow of aliens coming through its territory”
On May 30, 2019, President Trump announced that he would impose tariffs on all imported goods from Mexico beginning on June 10, 2019 at a 5% duty rate and increasing an additional 5% each month for three months.