April 3, 2019
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2:15Now PlayingA Trump administration shutdown of the U.S.-Mexico border would increase produce prices, disrupt auto production and have other widespread economic impacts.
A Trump administration shutdown of the U.S.-Mexico border would quickly spread across the economy, spiking fruit and vegetable prices, spawning food shortages, shutting production lines and throwing Americans out of work, at least temporarily.
“With thousands of trucks and trains and cars crossing the border each day, you’d have huge backlogs, rotting produce and ripple effects across the supply chain,” says Dan Griswold, senior research fellow and trade expert at George Mason University. “The effect would be immediate and devastating for industry.”
President Donald Trump is threatening to close the border unless Mexico takes steps to stop a wave of migrant families, mostly fleeing Central American countries with high levels of poverty and violence, from reaching the U.S. border.
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