Trump vows 25 percent tariff on Mexico unless it cracks down on border crossings
Former President Trump on Monday threatened to impose a tariff of 25 percent on all imports from Mexico, which is the top trade partner with the U.S., unless the Mexican government curbs what he called an “onslaught” of immigrants coming across the border.
“We’re being invaded by Mexico. But now we have a new president of Mexico. Supposed to — a very nice woman, they say. I haven’t met her. And I’m going to inform her on day one or sooner that if they don't stop this onslaught of criminals and drugs coming into our country, I’m going to immediately impose a 25 percent tariff on everything they send into the United States of America,” Trump said at a rally in North Carolina.
Trump claimed the plan had a “100 percent chance of working,” telling the crowd he would escalate the tariff by 25 percent periodically if it did not get the desired response.
The former president went on a lengthy tangent about construction of the border wall during his first term in office, including how he did not like the aesthetics of certain features.
The former president has for months pledged to impose blanket tariffs on all imports, a plan economists have warned could spike the cost of goods in the United States and increase costs for families. But Trump has shrugged off those concerns, claiming the tariffs will cause more companies to do business inside the U.S.
The Office of the U.S. Trade Representative reported that trade between the U.S. and Mexico totaled an estimated $855 billion in 2022, nearly $500 billion of which is goods imported from Mexico.
Trump during his first term made repeated threats against Mexico in an effort to crack down on the flow of migrants at the southern border, including sending troops to the border and threatening to close it entirely.
Trump began his final day of campaigning with a stop in North Carolina, arriving on stage nearly an hour behind schedule. It marked the third consecutive day he has campaigned in the Tar Heel State, which he won in both 2016 and 2020.
The former president will also hold two rallies in Pennsylvania and one in Michigan to close out the day.
-
Trump calls for 25% tariff for Mexico goods over illegal immigration, border security
Top stories - CBS News - 9 hours ago -
Trump threatens Mexico with tariffs
Politics - The Hill - 4 hours ago -
U.S.-Mexico cross-border trucking traffic hits a record ahead of election
Business - CNBC - October 23 -
Trump vows to impose tariffs as experts warn of price hikes and angry allies
World - The Guardian - October 15 -
Trump doubles down on tariff plan that voters hate
Business - CNBC - October 21 -
Touring the U.S.-Mexico border with Trump and Harris focusing on immigration
Top stories - CBS News - October 21 -
Trump doubles down on replacing income taxes with tariffs in Joe Rogan interview
Business - CNBC - October 26 -
Shanghai cracks down on Halloween costumes
Business - Financial Times - October 27 -
US election live updates: Harris and Trump hold duelling Pittsburgh rallies in final hours of campaigning
World - The Guardian - 13 minutes ago
More from The Hill
-
Harris goes door-knocking in Pennsylvania on night before election
Politics - The Hill - 38 minutes ago -
Joe Rogan endorses Trump
Politics - The Hill - 1 hour ago -
Trump caps Pennsylvania campaign: 'The only way we can blow it is if you blow it'
Politics - The Hill - 1 hour ago -
Watch live: Walz makes final appeal to Michigan voters with Detroit rally
Politics - The Hill - 2 hours ago -
Vance riffs on Biden's remarks: 'The trash's name is Kamala Harris'
Politics - The Hill - 2 hours ago
Latest in Politics
-
Biden's election season draws quietly to a close
Politics - NBC News - 18 minutes ago -
Harris goes door-knocking in Pennsylvania on night before election
Politics - The Hill - 38 minutes ago -
With abortion on 10 state ballots, reports of deadly consequences of bans emerge before election
Politics - NBC News - 53 minutes ago -
Joe Rogan endorses Trump
Politics - The Hill - 1 hour ago -
Trump caps Pennsylvania campaign: 'The only way we can blow it is if you blow it'
Politics - The Hill - 1 hour ago