Sunday July 5th, 2020 11:19PM

Trump plan for new Mexican tariffs brings business protests

By The Associated Press
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WASHINGTON (AP) — President Donald Trump is pushing past protests from U.S. businesses and Mexico to double down on his threat to slap a 5% tariff on Mexican imports unless America's southern neighbor cracks down on Central American migrants trying to cross the U.S. border.

U.S. manufacturers said the tariff, set to take effect June 10, would have devastating consequences on them and American consumers. U.S. stocks tumbled on Wall Street in response to Trump's planned action.

Mexican President Andrés Manuel López Obrador dispatched his foreign secretary to Washington to try to negotiate a solution. He said social problems are not solved with coercive measures, but also seemed convinced that Trump just needed to be informed about all the steps Mexico has taken to slow illegal migration.

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