Chamber official: Lucid plant at risk if Trump imposes 5% Mexican tariffs
by Howard Fischer | Capitol Media Services
In a move that could impact proposed automotive plants in Pinal County and damage the Arizona economy, President Donald Trump late Thursday declared he intends to impose a 5% tariff on Mexican imports — potentially rising to 25%.
The action, first announced in a Twitter post, comes as the president is increasingly frustrated with migrants from Nicaragua, El Salvador and Honduras showing up at the U.S. border and seeking asylum. And it comes just hours after Trump, speaking at the White House, vowed “very dramatic’’ action to address the situation.
“On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP,’’ the president said in the posting. But that’s not where it’s going to end.
