UPDATE As of 6/10/19 - The tariffs on Mexican imports are currently on hold, but the possibility of introducing them later in the summer still exists.

On Thursday [5/30/19], President Trump sent ripples through global stock markets and drew outcries from business leaders when he announced the U.S. would impose a five percent tariff on imports from Mexico, beginning June 10, if the country did not stop illegal immigration into the U.S. The tariff rate will ratchet up in the coming months, rising to 25 percent in October if Mexico does not adequately take steps to lower the illegal immigration rate.

Click HERE to read reactions from Andrew Reichlin, GM of local company, The Proinnovative Line, and others.