# Trump vows rapid, high tariffs on Mexico unless illegal immigration ends

> President Trump vowed rapid and high tariffs on Mexico unless illegal immigration into the U.S. ends. Mexican peso, U.S. stock futures and Asian equities fell on the news, and the dollar rose more than 2.5% against the peso.

- Date: 2019-05-31 · published 2019-05-31T12:00:00.000Z
- Category: trade · region Mexico · magnitude high
- Page: https://feedsoft.ai/events/59298-trump-vows-rapid-high-tariffs-on-mexico-unless-illegal-immigration-ends
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

The threat of broad tariffs on Mexico raises risk to U.S. agricultural exports to a major buyer, pressuring corn and soybean meal demand expectations. Currency swings also make Mexican purchases of U.S. feed more expensive.

## Read by commodity

- CORN: bearish ▼
- USDMXN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-03-04 | [Mexico vows retaliation as Trump trade war erupts](https://feedsoft.ai/events/25800-mexico-vows-retaliation-as-trump-trade-war-erupts.md) | +3.2% | +4.7% |
| 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 | 2019-03-06 | [Mexican farmers urge 'mirror' tariffs on Trump's rural base](https://feedsoft.ai/events/60064-mexican-farmers-urge-mirror-tariffs-on-trump-s-rural-base.md) | -1.7% | -1.5% |
| 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 | 2018-06-14 | [Exclusive: Mexico studies tariffs on billions of dollars of U.S. corn, soy](https://feedsoft.ai/events/64506-exclusive-mexico-studies-tariffs-on-billions-of-dollars-of-u-s-corn-soy.md) | -3.8% | -6.7% |

## Sources

- reuters.com: https://www.reuters.com/article/world/trump-vows-rapid-high-tariffs-on-mexico-unless-illegal-immigration-ends-idUSKCN1T01GP/

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