The Trump administration has threatened to levy a 5% tax on Mexican imports next month unless the Mexican government takes significant action to reduce the number of migrants crossing the southern border.
The tax could eventually climb to 25%, which would hurt a lot of American industries. The auto industry, which relies heavily on trade with Mexico, could be hit especially hard.
Click the audio player above to hear the full story.
If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air. But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.
Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.
When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.