Trump tariff talk raises uncertainty over future of Missouri-Mexico business

Mexico purchased $2.56 billion in Missouri goods in 2016. That’s second only to Canada, Missouri’s top export partner, which spent $5.2 billion last year.

But as President Donald Trump talks about a wall between the two countries and a possible 20 percent tariff on Mexican imports to pay for it (and the end of trade barriers enacted by NAFTA), Missouri business owners are beginning to worry about future sales to Mexico.

Such a move would likely mean a retaliatory tariff on American goods, and Thorstein Holt, owner and founder of Holtec Gas Systems, says Europe is making moves to step up its exports to Mexico.

Among Missouri’s biggest exports to Mexico are industrial machinery, vehicles, cereals and electric machinery.

Read more: St. Louis Public Radio

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