US President Donald Trump has threatened to slap a 25-percent tariff on Mexican goods on February 1, a move that analysts say would deal a heavy blow to Latin America's second-largest economy.

The same experts have found that most importers simply pass the added cost of tariffs on to U.S. consumers by jacking up their prices — rather than going out of their way to rep

The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, countries that together account for more than a third of U.S. trade.