Trump Proposes Another Hidden Tax On U.S. Consumers

Donald Trump was not happy with just putting a hidden tax on American consumers by placing tariffs on products from China. Now he is proposing substantial tariffs on Mexican products. He will place a 5% tariff on June 10th, and raise that tariff by 5% each month until it reaches 25% in October. He says the tariffs will last until Mexico effectively blocks Central American refugees from coming to the United States -- which Mexico has little ...