President Trump’s team said on Thursday that the administration is considering anywhere from a 5% to 20% tax on Mexican imports to pay for the Wall. Also their products that were made in Mexico (think lower priced cars) will cost consumers more. Other countries that are not subject to the tariff will find their goods more competitive but at a higher price than what the Mexican products would have been. Even Republican Senator Lindsay Graham is concerned about Trump’s proposal since he tweeted about it. At about $500 billion per year this is one of the metrics I am following in my President Trump’s Economic Scorecard.

Source: Forbes January 27, 2017 17:28 UTC