Trump to Impose New Tariffs on Mexico Over Migrant Crisis
WASHINGTON (CBS News) -- Faulting the Mexican government for not doing enough to curb an unprecedented flow of Central American families heading toward the U.S., President Trump announced the U.S. will impose new tariffs on all goods imported from Mexico in an effort to pressure the government to take action.
In a statement from the White House on Thursday evening, Mr. Trump said a 5% tariff on imports will take effect June 10 and increase five percentage points every first of the month until October, when the levy would reach 25%.
"Tariffs will permanently remain at the 25 percent level unless and until Mexico substantially stops the illegal inflow of aliens coming through its territory," he added.
The president said the tariffs would be lifted "if the illegal migration crisis is alleviated through effective actions taken by Mexico."
CONTINUE AT CBS NEWS: Trump to impose new tariffs on all Mexican goods