Trump mulls economic penalty on Mexico
“A lot of good things are happening with Mexico. Mexico understands that we’re going to close the border, or I’m going to tariff the cars,” he said.Trump prompted panic among business leaders last Friday with his border closing threat.
The Department of Homeland Security has transferred 750 border agents from commercial to immigration duties, triggering long delays for cross-border trade. “Congress should also ensure Customs and Border Protection officials receive the resources they need to reduce the excessive wait times affecting legitimate trade and travel across the border,” said Neil Bradley, a top official with the Chamber in a statement.
Mexican exporters are looking into sending their goods to the United States by air freight to avoid a five-mile -long line of trucks at the border caused by the Trump administration moving federal agents away from customs checks to immigration duties.
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