Trump to Increase Tariffs on Imports From Mexico

Posted on May 31, 2019

On May 30th, in order to address immigration issues on Southern Border, President Donald Trump announced a tariff increase on all goods from Mexico. The rate increase will start on June 10, and the rate will get progressively higher every month if the immigration crisis persists.

On June 10 the rate will increase 5% and then will go up another 5% at the beginning of each month, until it reaches 25% on October 1.

There has not been a federal register notice yet, but there should be one soon that would help outline the scope of these new tariffs. Some issues to keep an eye on are how these tariffs increases affect NAFTA qualified goods.

Allyn will stay on top of this situation, so if you would like any additional information please visit us at www.allynintl.com or email us sales@allynintl.com.

Contributor: Matthew Dreckman 


About Allyn International

Allyn International is dedicated to providing high quality, customer centric services and solutions for the global marketplace. Allyn's core products include transportation management, logistics sourcing, freight forwarding, supply chain consulting, tax management and global trade compliance. Allyn clients range from small local businesses to Fortune 500 firms. Allyn conducts business in more than 20 languages and has extensive experience in both developed and emerging markets. Highly trained experts are positioned throughout North and South America, Europe and Asia. Allyn’s regional headquarters are strategically located in Fort Myers, Florida, U.S.A., Shanghai, P.R. China and Prague, Czech Republic. For more information, visit www.allynintl.com.


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