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Synoptic Economics: Trump's Import Tariffs on Mexico

A Level

President Trump has announced the US will be imposing 5% tariffs on all imports from Mexico starting on June 10. The import duties will increase by 5% each month until reaching 25% in October. This revision video looks at some of the possible micro and macroeconomic effects of a tax on Mexican exports.

Synoptic Economics: Trump's Import Tariffs on Mexico

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