06/06/19 - Jose Burciaga
The Pacific Coast Council of Customs Brokers and Freight Forwarders represents the customs brokers and freight forwarders who facilitate international trade along the entire US Pacific Coast and the California-Mexico border. In this letter, their Vice President and Board Member of the Otay Mesa Chamber Lalo Acosta, explains why it is NOT operationally viable to implement the proposed tariff schedule this coming Monday. To see letter click here.
06/3/19 - Jose Burciaga
06/03/19 - Jose Burciaga
A new analysis by the U.S. Chamber of Commerce outlines the state-by-state impact of the administration’s plan to impose a 5% tariff on all goods from Mexico starting on June 10. The analysis shows the total value of 2018 goods imports from Mexico for all 50 states and the corresponding impact of imposing tariffs at the 5%, 10%, 15%, 20%, and 25% level. A 5% tariff on imported goods from Mexico, which last year totaled $346.5 billion, would result in a potential tax increase on American businesses and consumers of $17 billion. Furthermore, that number would eclipse $86 billion…