Trump threatens tariffs on Mexican exports

Listen 17:00
A Corona beer billboard is displayed at the Grupo Modelo beer factory, maker of Corona beer, in Mexico City, Mexico, Friday, May 31, 2019. If the tariffs threatened by United States President Donald Trump on Thursday were to take effect, they could eventually raise prices in the US, for a new Chevrolet Blazer SUV, a burrito at Chipotle, a new shirt or a Corona beer. (AP Photo/Ginnette Riquelme)

A Corona beer billboard is displayed at the Grupo Modelo beer factory, maker of Corona beer, in Mexico City, Mexico, Friday, May 31, 2019. If the tariffs threatened by United States President Donald Trump on Thursday were to take effect, they could eventually raise prices in the US, for a new Chevrolet Blazer SUV, a burrito at Chipotle, a new shirt or a Corona beer. (AP Photo/Ginnette Riquelme)

Guest: Chad Bown

The President announced last week that he will impose a 5% tariff on Mexican exports if they don’t do more to stop migrants from crossing the border, sending markets in a tailspin. We’ll talk with CHAD BOWN, a senior fellow at the Peterson Institute for International Economics about Trump’s threat, how the tariffs would affect the U.S. and Mexican economies and what they would mean for consumers.

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