From Birch Gold Group
It looks like POTUS is borrowing his script from the U.S.-China trade war to apply new tariffs to all Mexican goods.
According to Newsmax, the new tariffs on Mexican goods are starting at 5% and could potentially rise to 25%, as POTUS recently declared for China. So consumers who were purchasing Chinese goods, and tried to avoid higher prices by selecting Mexican goods, may end up paying higher prices anyway.
The Newsmax piece outlined how the door starts to close if Mexican tariffs match Chinese tariffs:
Continue reading “Tariffs on Mexican Goods Rattles U.S. Markets, But Boosts Gold”
