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Trump Threatens to Double Tariffs on Mexico Over Migrant Caravan
President Donald Trump is pressing Mexico to halt a migrant caravan heading toward the US border, and he is using tariffs as his leverage. In a Thursday morning post on his social media platform, he warned that duties on Mexican goods would be doubled immediately if Mexico does not stop the group.

President Donald Trump is pressing Mexico to halt a migrant caravan heading toward the US border, and he is using tariffs as his leverage. In a Thursday morning post on his social media platform, he warned that duties on Mexican goods would be doubled immediately if Mexico does not stop the group.

Trump’s Message on the Migrant Caravan
Trump wrote that large caravans were forming and that “there will be no leniency.” He tied the movement to Republican midterm losses, saying he was not on the ballot, and said Mexico, Texas officials, Border Patrol and ICE had all been informed. About 1,500 migrants, mostly from Central America, left Tapachula near the Guatemalan border on Tuesday, hoping the Democratic victory might open routes to live and work in the US. Separate reports say Mexican authorities blocked a smaller group of about 100 migrants on Nov. 10.
Democratic Attorneys General and State Immigration Laws
Democratic gains in state attorney general races could unwind parts of Trump’s immigration enforcement, which he admitted earlier this month may have seemed too tough to voters. Texas attorney general-elect Nathan Johnson could stop defending SB4, a law letting state authorities arrest and prosecute suspected illegal border crossers, which the 5th Circuit allowed to take effect in April. Republican Ken Paxton stays in office until Johnson is sworn in on Jan. 1, 2027.
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Disclaimer
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Covers Bitcoin, on-chain data and market structure. Breaks down what the charts and wallet flows are actually saying, without the hype.
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