A decision on moving forward with tariff penalties by the United States against Mexico is said to be made today as President Trump arrives back in Washington. Talks are moving along and confidence is high the current talks with both nations can move toward an equitable resolution.
Today is to be the deadline for whether or not the initial 5% tariff penalty on Mexican goods imported into the United States will take effect beginning Monday, June 10th. It is expected that US President Trump will reach a decision today on the possible tariffs.
The outcome of this dispute is sure to play a catalyzing role in the current exchange of tariffs with China.
We are monitoring this situation closely and will continue to bring you updated notifications.