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Washington has announced a 5% tax on all products from Mexico, promising that import duties will gradually increase until "illegal migrants" stop arriving in the United States. United via the country.
US President Donald Trump said Thursday that the 5% penalty imposed on all products imported from Mexico could reach 25%, unless "illegal migrants" continue to arrive in the United States via the country. Central America.
The new rates will come into effect on June 10th.
According to a statement from the White House, the rate will increase to 10% on July 1st, then increase by 5% each month to reach 25% on October 1st.
The tariffs would have serious consequences for Mexico, which sends 80% of its exports to the United States.
The announcement was made while Trump was trying to resume the process of ratifying the new North American trade pact with Mexico and Canada – an agreement that could now be threatened.
Tokyo shares closed lower on Friday, after the US president announced a 5% tariff on all goods from Mexico, prompting the yen to strengthen against the dollar.
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