American consumers would feel a pinch in their pocketbooks if Trump goes ahead with a 20 percent tariff on goods imported to the U.S. from Mexico.
"Mexico has taken advantage of the U.S. for long enough. Massive trade deficits & little help on the very weak border must change, NOW!," Donald Trump Tweeted Friday morning.
But economists say a 20 percent tariff on goods coming into the country would translate to higher prices on everything from avocados to automobiles, and that hit could come quickly.
"All of these industries now keep pretty low levels of inventories. They produce to meet demand," said Robert Scott, senior economist and director of trade and manufacturing policy research at the left-leaning Economic Policy Institute. "You would see this work through the pipeline very quickly — a matter of weeks or months at most."