“Overall, the new penalties will affect about $3 Billion worth of US goods. The tax rates vary depending on the product, but most of them are high: There’s a 20 percent tariff on US pork shoulder and legs, and some bourbons and cheeses will be hit with 20 to 25 percent tariffs… Those kinds of taxes will make US goods a lot more expensive in the Mexican market and can dampen demand for them over time. That, in turn, would deal a blow to the US businesses that export them, forcing them to downsize operations and lay off workers.” More …