Mexico tariff will hurt local business

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It took a lot of hard work getting La Michoacana, a family business, to the bustling market that it is today.

But the company’s owner is worried because President Trump insists he may impose a five per cent tariff on all goods from Mexico over concerns of illegal immigration.

A five per cent tariff means prices will go up at the checkout counter — a blow for a small business that tries to remain competitive.

La Michoacana owner Fernando Alcauter is worried. “He’s hurting the people living in the United States. Us — the consumers,” said Alcauter.

“They’re hitting the Americans’ money. Their pockets. Not the government [of Mexico].”

Fernando says companies selling Mexican goods will have no choice but to raise their prices. For example, lemons at Alcauter’s stores are now $1.09 per pound. 

If President Trump implements his tariffs lemons could cost consumers about $1.49 per pound.

“I want to see the president do what’s best for the American people,” Alcauter said. “We live here. We work here. We are here for this country. So he should take care of us …if he’s trying to protect the border he should have some other deals.”

The store owner said that regardless of what happens, he’s going to do his best to keep prices as low as possible.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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