# 6 things to know about Trump’s Mexico tariffs | Brookings

> The Trump administration announced on May 30 a plan to raise tariffs on Mexican imports, starting at 5% on June 10 and rising to 25%. The tariffs would stay until Mexico substantially stops illegal migration, and the administration would have discretion to decide compliance. Brookings noted that about 80% of Mexico's exports go to the U.S. and that Trump has often delayed or dropped similar measures.

- Date: 2019-05-31 · published 2019-05-31T12:00:00.000Z
- Category: trade · region Mexico · magnitude high
- Page: https://feedsoft.ai/events/59303-6-things-to-know-about-trump-s-mexico-tariffs-brookings
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

If implemented, tariffs on about 80% of Mexico's exports would cut Mexican demand for U.S. and other imported feed and food goods. Uncertainty over whether they take effect could keep buyers cautious and pressure trade-exposed commodities.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2019-08-12 | [How Trump’s tariffs finance farmer bailouts](https://feedsoft.ai/events/57601-how-trump-s-tariffs-finance-farmer-bailouts.md) | -6.0% | -8.6% |
| CORN | 2017-03-29 | [Mexico's bargaining chips with Trump? How about a corn boycott - Los Angeles Times](https://feedsoft.ai/events/71976-mexico-s-bargaining-chips-with-trump-how-about-a-corn-boycott-los-angeles-times.md) | +0.8% | +0.4% |
| 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 | 2018-06-16 | [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% |
| SBM | 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) | -3.2% | -11.4% |
| SBM | 2018-01-23 | [Soybean Market Gets Jittery About China After Trump’s Tariff Move - Bloomberg](https://feedsoft.ai/events/66857-soybean-market-gets-jittery-about-china-after-trump-s-tariff-move-bloomberg.md) | -0.4% | +11.2% |
| SBM | 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) | +0.1% | -2.9% |

## Sources

- brookings.edu: https://www.brookings.edu/articles/6-things-to-know-about-trumps-mexico-tariffs/

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