Senate Republicans are considering taking legislative action against President Donald Trump’s planned new tariffs on Mexico, BBC reports.
According to reports, Trump has threatened to impose a 5% tariff on Mexican goods on June 10 if Mexico doesn’t do more to stop the massive flow of migrants crossing its northern border into the U.S.
Both Republicans and Democrats have expressed significant concern over the economic burden such tariffs would place on Americans as well as the strain they would put on trade negotiations with Mexico and Canada.
Mexican officials have warned that the tariffs could be economically disastrous for both countries and would likely result in an increase not a decrease in migrants seeking to cross into the U.S.
- ‘It’s rubbish, a mere fallacy,’ Gowon reacts to British MP’s allegation of treasury looting - November 26, 2020
- Interpol arrests three Nigerians for allegedly swindling companies in 150 countries - November 26, 2020
- LATEST TECH NEWS: Kenya’s Motoqaa launches lease-to-own vehicles platform. Two other things and a trivia you need to know today, November 26, 2020 - November 26, 2020