Mexican import tax would be dire for Minnesota industry, trade experts say

The following article by Jim Spencer and Tom Meersman was posted on the StarTribune website January 26, 2017:

Agriculture sector would feel the greatest sting.

If President Donald Trump follows through on a proposal to slap a 20 percent tax on Mexican imports, it could lead to severe consequences for Minnesota’s agriculture sector as well as some of its manufacturers. PHOTO: Bruce Bisping, StarTribune File

If President Donald Trump follows through on a proposal to slap a 20 percent tax on Mexican imports, it could lead to severe consequences for Minnesota’s agriculture sector and some of its manufacturers.

A trade war with Mexico could slow the flow of goods from Minnesota south of the border, a revenue stream that brought $2.4 billion to the state in 2015. Continue reading “Mexican import tax would be dire for Minnesota industry, trade experts say”