More to the point of the article...
... Last year, Mexico emerged as America's largest trading partner, eclipsing Canada and China. In 2023, the U.S. and Mexico exchanged nearly $798 billion in goods and services.
"The U.S. market and the Mexican market are actually not separate markets," Raymond Robertson, the director of Texas A&M University's Mosbacher Institute for Trade, Economics, and Public Policy, previously told Newsweek.
"There's a single labor market, there's a single studies market, single energy market; they're not separate markets. So, these tariffs on Mexico are a lot like putting tariffs on California...it's not good for our consumers."
Seven major industries, including auto, agriculture, electronics, mineral fuels, plastics, machinery and aluminum and steel, will be the hardest hit by tariffs between the two countries.
Small business owners have warned that the tariffs could be "devastating" for Americans. Fourth-generation farmer Joe Maxwell of Missouri told Newsweek that the tariffs would widely hurt American farms, which would have to pay more for items like nitrogen fertilizers.
"I'll explain one thing everybody in this country needs to know: If the president [Trump], and I'm certain that he will, fulfills his commitment to increase tariffs up to 20 percent across the board, 60 percent on China, 200 percent on John Deere manufactured in Mexico, then we're going to pay more than just to put this in the consumers' stores," Maxwell said. ...
