CHULA VISTA, Calif. (KGTV) – Another day and another new policy from the white house being announced on Friday.
“The president will be implementing tomorrow a 25 percent tariffs on Mexico, 25 percent tariffs on Canada, and a 10 percent tariff on China,” Karoline Leavitt, White House Press Secretary
“It’s pure economic. We have big deficits with, as you know, with all three of them,” President Donald Trump said.
Trump also stated in the past the purpose of the tax on imports is to curb drug trafficking and illegal immigration into the U.S.
Still, there’s a reaction for every action.
The companies and distributors will have to pay more for those imported goods and products.
Faculty director of international business at USD Eileen Daspro told ABC 10News companies will have to decide to either take the loss or there’s another avenue.
“I think there’s a lot of concern that…