A 5 percent tariff on $360 billion worth of imports is $18 billion per year. The further increases to 25% would be a cost of $90 billion per year.
One way or another, as President Trump promised, Mexico will indeed be paying for a border wall. If they are smart, they will give more jobs to their citizens, and build a wall across the northern border of their country.
Oddly enough, despite the claims that these illegal Mexicans are coming to the U.S. because they can’t find work, they have a low unemployment rate. It barely went above 5% during our last recession.
https://www.ceicdata.com/en/indicator/mexico/forecast-unemployment-rate
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