I doubt it will even get to the 5% on June 10th. Took what, an hour? for Mexico to want a meeting with Trump.
Unlike many others here I look forward to the tariff, not easy for companies to move but if it were long term, companies would resort to building in the US and I think, overall as a country, we need to be more self sufficient.
“El Presidente” of Mexico wants to double down at the meeting, not back down:
http://www.freerepublic.com/focus/f-news/3753583/posts