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Photo: Solidago/Getty Images

U.S. consumers are sure to feel the effects of President Trump's new tariffs against Mexico if they take effect as currently planned on June 10.

Why it matters: Mexico is America's strongest trading partner, followed by Canada and China. The 2 nations traded an estimated $671 billion worth of goods in 2018 according to the Office of the United States Trade Representative.

By the numbers:

  • Cars and auto parts: A significant portion of trade between the U.S. and Mexico is cars and auto parts. The tariffs will negatively affect the auto industry which has already been struggling. The U.S. and Mexico traded $93 billion worth of auto parts and vehicles, per CBS News.
  • Produce: The U.S. imported $10.8 billion of produce from Mexico in 2017, with tomatoes topping the list of imported vegetable, per the Washington Post.
  • Alcohol: Beer and wine will be affected as well. Mexican beers, including Coronoa and Modelo Especial, are some of the best-sellers in the U.S., per USA Today. Nearly $5 billion worth of alcohol is imported, according to CBS.
  • Mechanical equipment: $64 billion worth of electrical machinery, $63 million of machinery, $16 billion of mineral fuels and $15 billion worth of optical and medical instruments were all imported from Mexico in 2018, per the Office of the U.S. Trade Representative.

Go deeper: Top business lobbying group mulls legal action over Mexico tariffs

Go deeper

43 mins ago - Science

The "war on nature"

A resident stands on his roof as the Blue Ridge Fire burned back in October in Chino Hills, Calif. Photo: Jae C. Hong/AP

Apocalyptic weather is the new normal because humans are "waging war on nature," the UN declared on Wednesday.

What they're saying: "The state of the planet is broken," said UN Secretary-General António Guterres, reports AP. “This is suicidal.”

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Health: Nursing homes are still getting pummeledU.S. could hit herd immunity by end of summer 2021 if Americans embrace virus vaccines, Fauci says.
  2. Politics: Pelosi, Schumer call on McConnell to adopt bipartisan $900B stimulus framework.
  3. World: U.K. clears Pfizer-BioNTech vaccine for mass rollout — Putin says Russia will begin large-scale vaccination next week.
  4. Business: Investors are finally starting to take their money out of safe-haven Treasuries.
  5. Sports: The end of COVID’s grip on sports may be in sight.

Pelosi, Schumer call on McConnell to adopt bipartisan $900B stimulus framework

House Speaker Nancy Pelosi on Nov. 20. Photo: Drew Angerer/Getty Images

House Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Chuck Schumer (D-N.Y.) on Wednesday urged Senate Majority Leader Mitch McConnell (R-Ky.) to use a $908 billion bipartisan coronavirus relief framework as a basis for jumpstarting negotiations.

Why it matters: The framework, introduced by a group of bipartisan senators on Tuesday, calls for significantly less funding than Pelosi had previously demanded — a sign that Democrats are ready to further compromise as millions of Americans endure economic hardship.