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has until November 13 to negotiate agreements with the EU, Japan, and other countries the USTR “deems appro- priate,” or else Trump may decide to impose tariffs. Listen to Trade Talks Episode 87: “Trump Shifts His National Security Threats (Again)”
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14 PETERSON INSTITUTE FOR INTERNATIONAL ECONOMICS TRADE AND INVESTMENT POLICY WATCH BLOG BATTLE #5: ILLEGAL IMMIGRATION FROM MEXICO Tariffs on Mexico to Deter Migrants May 30, 2019 On the same day the Trump administration submits a letter to Congress to initiate the US-Mexico-Canada Agreement (USMCA) approval process, President Trump announces 5 percent tariffs on all US imports from Mexico to “ address the emergency at the Southern Border,” invoking the International Emergency Economic Powers Act (IEEPA). The tariffs would go in effect on June 10, 2019, with subsequent rate increases over coming months if Mexico does not dramatically reduce or eliminate the number of migrants crossing the border illegally. Listen to Trade Talks Episode 88: “Trump-Mexico Trade War Cheat Sheet” and Episode 89: “The Migration Crisis Behind Trump’s Mexico Tariff Threat”; and read “Tariffs on Mexican Products Will Not Curb Migration from Guatemala, Honduras, and El Salvador; Prosperity Will” by Anabel González. Tariffs on Mexico Called Off June 7, 2019 Trump says he is suspending the scheduled tariffs against Mexico after reaching a signed agreement with the country to reduce or eliminate illegal immigration. Mexico has agreed to increase enforcement against “irregular migration” and hold asylum seekers in Mexico while they wait for their claims to be processed.
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15 PETERSON INSTITUTE FOR INTERNATIONAL ECONOMICS TRADE AND INVESTMENT POLICY WATCH BLOG REFERENCES Bown, Chad P. 2019. US-China Trade War: The Guns of August . Trade & Investment Policy Watch (August 26). Washington: Peterson Institute for International Economics. Bown, Chad P. 2019. Trump’s Fall 2019 China Tariff Plan: Five Things You Need to Know . Trade & Investment Policy Watch (August 14). Washington: Peterson Institute for International Economics. Bown, Chad P. 2019. Trump’s Mini-Trade War with India . Trade & Investment Policy Watch (July 8). Washington: Peterson Institute for International Economics. Bown, Chad P. 2019. China is Cutting Tariffs – For Everyone Else . The Atlantic (June 18). Bown, Chad P. 2019. Five Things to Look for in Any Trump-China Deal on Subsidies . Trade & Investment Policy Watch (May 3). Washington: Peterson Institute for International Economics. Bown, Chad P. 2018. Why the U.S. Needs Allies in a Trade War Against China . Harvard Business Review (December 11). Bown, Chad P. 2018. Sweating the Auto Details of Trump’s Trade Deal with Mexico . Trade & Investment Policy Watch (August 29). Washington: Peterson Institute for International Economics. Bown, Chad P. 2018. The Element of Surprise Is a Bad Strategy for a Trade War . Harvard Business Review (April 16).
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