Cross-border freight brokers not panicking yet about Mexico tariffs

“Cross-border freight brokers are not panicking over President Trump’s announcement of tariffs on Mexican exports into the United States – yet.” – According to article in http://freightwaves.com and its author John Paul Hampstead

Hampstead also wrote – “Last week the White House said that it would levy tariffs of 5 percent on all Mexican goods entering the U.S. – worth nearly $400 billion annually – beginning on June 10, with the duty increasing by another 5 percent every month through October. The President’s stated goal was to induce Mexico to staunch the flow of Central American migrants through Mexico to the U.S. southern border.”

Read full story HERE

Source and credits : freightwaves.comJohn Paul Hampstead, Associate Editor

 

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