The quick math on Trump’s latest proposal
In 2015, the United States imported $295 billion worth of goods from Mexico and $22 billion worth of services. That’s $317 billion in total imports. A 20% tax would raise $63.4 billion.
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The quick math on Trump’s latest proposal
In 2015, the United States imported $295 billion worth of goods from Mexico and $22 billion worth of services. That’s $317 billion in total imports. A 20% tax would raise $63.4 billion.