# Doubled tariffs: what Mexico pays today and what is at stake

> US President Donald Trump threatened on November 12 to double tariffs on Mexican products immediately unless Mexico stops migrant caravans, which he said were heading to the border. No formal proclamation or trade notice had been issued by November 13. Mexican President Claudia Sheinbaum responded that no migrant caravan had reached the northern border.

- Date: 2026-11-13 · published 2026-11-15T01:35:47.864Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/100457-doubled-tariffs-what-mexico-pays-today-and-what-is-at-stake
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher tariffs on Mexico, the largest buyer of US goods, could cut US agricultural exports and weigh on corn and soybean demand. Because the threat has no legal form yet, its market impact is uncertain.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-06-16 | [Trump's tariffs: What they are and how China is responding \| AP News](https://feedsoft.ai/events/64604-trump-s-tariffs-what-they-are-and-how-china-is-responding-ap-news.md) | -0.9% | -3.9% |
| CORN | 2018-05-31 | [Trump administration will put steel and aluminum tariffs on Canada, Mexico and the EU](https://feedsoft.ai/events/65224-trump-administration-will-put-steel-and-aluminum-tariffs-on-canada-mexico-and.md) | -2.2% | -7.3% |
| CORN | 2018-05-31 | [U.S. hits E.U., Canada and Mexico with steel, aluminum tariffs, sparking trade war](https://feedsoft.ai/events/65226-u-s-hits-e-u-canada-and-mexico-with-steel-aluminum-tariffs-sparking-trade-war.md) | -2.2% | -7.3% |
| CORN | 2019-05-31 | [6 things to know about Trump’s Mexico tariffs \| Brookings](https://feedsoft.ai/events/59303-6-things-to-know-about-trump-s-mexico-tariffs-brookings.md) | -2.5% | +3.0% |
| CORN | 2025-04-09 | [As new tariffs kick in, what do they mean for U.S. ag?  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/25448-as-new-tariffs-kick-in-what-do-they-mean-for-u-s-ag-agri-pulse-communications.md) | +3.4% | -2.3% |
| SOY | 2018-06-16 | [Trump's tariffs: What they are and how China is responding \| AP News](https://feedsoft.ai/events/64604-trump-s-tariffs-what-they-are-and-how-china-is-responding-ap-news.md) | -1.2% | -8.4% |
| SOY | 2018-05-31 | [U.S. hits E.U., Canada and Mexico with steel, aluminum tariffs, sparking trade war](https://feedsoft.ai/events/65226-u-s-hits-e-u-canada-and-mexico-with-steel-aluminum-tariffs-sparking-trade-war.md) | -2.8% | -15.2% |
| SOY | 2025-04-09 | [As new tariffs kick in, what do they mean for U.S. ag?  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/25448-as-new-tariffs-kick-in-what-do-they-mean-for-u-s-ag-agri-pulse-communications.md) | +4.4% | +3.8% |

## Sources

- mayacomunicacion.com.mx: https://mayacomunicacion.com.mx/aranceles-duplicar-mexico-caravanas-analisis/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.