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Trump threatens to double Mexico tariffs as migrants head north

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President Donald Trump threatens to double tariffs on Mexico due to a migrant caravan heading north, amidst concerns about the economic impact on both countries.

What happened

President Trump threatens to double tariffs on Mexico unless it stops a migrant caravan trying to cross the country. The caravan, estimated to be between 1,000 and 2,000 people, left Tapachula near Mexico's border with Guatemala. Mexican President Claudia Sheinbaum downplayed the caravan, saying none has reached the U.S. border under Trump and that an earlier one dwindled from as many as 600 people to fewer than 100. Mexican authorities have broken up caravans before.

Why it matters

The tariff threat raises concerns about the economic impact on both countries, particularly for Texas, which traded $301.8 billion in goods with Mexico last year. The move also comes as Mexico prepares to travel to China for next week's Asia-Pacific Economic Cooperation summit.

Key facts

  • President Trump has threatened to double tariffs on Mexico
  • Mexico's President Claudia Sheinbaum downplayed the caravan
  • The caravan is estimated to be between 1,000 and 2,000 people
  • Mexican authorities have broken up caravans before
  • The US has declined to extend the UUSMCA agreement at its July review

Topics

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