According to an official statement and tweet from U.S. President Trump on May 30, the U.S. will impose a 5% tariff on all goods imported from Mexico beginning on June 10. The tariff hike is set to be issued in response to the sustained influx in migrants crossing the U.S. border through Mexico.

In the statement, President Trump asserts that, “Mexico’s passive cooperation in allowing this mass incursion constitutes an emergency and extraordinary threat to the national security and economy of the United States.” Last month, more than 144,000 migrants were detained after crossing the US-Mexico border illegally or after presenting themselves at registered ports of entry – the highest number in 13 years.

On May 17, the United States announced an agreement with Canada and Mexico to remove the Section 232 tariffs on Canadian and Mexican steel and aluminum imports and to remove all retaliatory tariffs imposed on American goods by those nations. In accordance with the agreement, all tariffs on these goods must be eliminated within two days.

As part of the agreement, the U.S. will terminate its World Trade Organization (WTO) litigation claim regarding Section 232 tariffs against Canada and Mexico, and in turn, Canada and Mexico will terminate their respective WTO claims against the U.S.