NAFTA Renegotiation & Tariffs on Imports from Mexico

Posted March 6, 2017
Category Company News
Challenged to find a way to pay for a wall along the U.S. / Mexico border, the Trump administration is seriously considering renegotiating NAFTA resulting in the possibility of imposing tariffs on imports from Mexico. While the exact goal and outcome is unknown businesses and lawmakers are already lining up to voice their opposition.   On January 26, a Trump Administration spokesman floated the idea of a 20 percent tariff on imports from Mexico due at the time of importation. In reality, existing trade laws afford President Trump the authority to impose tariffs on goods imported from a specific country…

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