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1 1 (June 6, 2019)

handle is hein.crs/govzyv0001 and id is 1 raw text is: Congressional ____ ~ Research Service hnforming the legislative debate since 1914 ___ __ __ President Trump's Possible Tariffs on Mexican Goods: Potential Economic Effects June 6, 2019 On May 30, 2019, President Trump issued a statement that he would be invoking authorities granted to him by the International Emergency Economic Powers Act (IEEPA) to address the emergency involving illegal immigration at the U.S.-Mexico border by imposing tariffs on all goods from Mexico beginning on June 10, 2019. The President stated that the tariffs would be removed as soon as the illegal migration crisis is alleviated through Mexican action. Mexican officials and numerous Members of Congress are reportedly meeting with the Trump Administration to resolve the issue. Mexico's President Andres Manuel Lopez Obrador responded to President Trump in a letter stating that the Mexican government was doing as much as possible to stem the flow of migration from Central America and that Mexico was willing to help find a solution. Possible Tariffs on Goods from Mexico President Trump stated that the United States would impose tariffs on all Mexican goods and gradually increase the tariffs, as follows: 0 5% on June 10 * 10% on July 1 * 15% on August I * 20% on September 1 The 250% tariff would remain in place until his Administration determines that Mexico substantially stops the illegal inflow of aliens coming through its territory. At the same time, numerous experts argue that the action would face significant legal challenges. Congressional Research Service https://crsreports.congress.gov IN11130 CRS INSIGHT Prepared for Members and Committees of Congress

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