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It's not only about avocados and auto parts. Imports from Mexico can be found in almost every part of the US economy.In the first three months of the year, Mexico has moved past Canada and China to become the United States' largest trading partner, in terms of the value of goods moving back and forth over the border, with about billion a month in imports and exports so far this year.The tariffs President Donald Trump has threatened against Mexico would be broad, covering basically everything coming north across the border. They aren't targeted, the way tariffs are typically levied. The impact on business, consumers and the economy could be similarly widespread."This is going to be felt by every sector and it's going to be felt by consumers. Not just by businesses. Not just the auto industry. It's going to be felt more widely and deeply than previous tariffs were felt," said Neil Bradley, chief policy officer for the US Chamber of Commerce.Economists, stunned by the Trump administration's recent action against Mexico, were not prepared to make predictions about how much prices will increase for Americans, because they never considered such an action would take place. Blindsided businesses haven't had time to determine how to replace existing supply chains with other sources, adding stress to American companies.But some industries could be particularly hard-hit by tariffs on Mexican goods.AutosThe United States imported billion of auto parts from Mexico last year and an additional billion in completed cars. Deutsche Bank estimates that if the tariffs reach 25%, it will add an average of ,300 to the price of US cars.Demand for American-made cars could plunge 18% if the tariffs are enacted, according to that estimate. That would be the biggest drop in car sales since the auto industry teetered on ruin ten years ago during the Great Recession.ElectronicsA fifth of computer and electronic equipment imports come from Mexico, according to Goldman Sachs. That's about billion a year in electronics. Mexican televisions, monitor displays and equipment came to more than billion, or more than 35% of those imports.The United States is also set to raise tariffs on imports from China, which is another huge source of electronics. Businesses in that sector probably won't be able to escape increased costs.OilAmerica's oil industry is booming, but Mexico has become an more important source of oil for the United States, because of the cutback in production by Saudi Arabia and other OPEC nations, as well as the virtual halt of oil coming in from Venezuela.Mexico sent about billion worth of oil a month north across the border so far this year. That accounted for about 10% of all US oil imports so far this year -- nearly as much as Saudi Arabia exported to the United States. Gas prices have been stubbornly high this year because of the OPEC and Venezuelan cutbacks, and tariffs on such a significant source of oil could boost prices even further.Wires, cables and conductorsThe United States imports billion worth of Mexican wires, cables and conductors: about 50% of America's imports in the market. Although it's not the type of product that many consumers think about, American manufacturers use the components to make all types of goods.The the low-cost supply from Mexico makes the American goods they go into competitive.Food productsEating healthy is going to get more expensive with a 25% tariff on the billion worth of vegetables imported from Mexico. About 35% of all vegetable imports to the United States come from Mexico.Add in beverages, meats and cereal and Mexican food imports top billion, or about 26% of all imported food to the Untied States, according to Goldman Sachs' figures.A 25% tariff on avocados would raises costs in the United States by 5 million each year, said Johan Gott, principal at consulting firm AT Kearney. Tomatoes would cost 0 million more. Cucumbers prices would rise by 6 million, and asparagus would cost Americans 7 million each year.If the tariff remains at 25%, the cost to the beer industry will be 4 million per year, according to the Beer Institute, a trade association for the brewing industry.Air conditioners, refrigerators, furnaces and ovensMexico exported .4 billion worth of appliances to the United States last year, which amounted to 44% of American imports in that sector, according to Goldman Sachs.Dishwashers, laundry machines and other household appliances added another .1 billion worth of imports from Mexico.A potentially bigger threatThe tariffs won't apply to the goods that American farmers and manufacturers send to Mexico. But Mexico could quickly levy their own tariffs on US goods."What we've seen in the last year, when one country raises tariffs, retaliation is not far behind," said John Murphy, senior vice president, international affairs, for the US Chamber of Commerce, one of the groups opposing the tariffs."Tariffs are sand in the gears of the economy," he said. "They reduce our competitiveness." 5076

It's a tough time to get into the retail business, but figurine maker Funko thinks its toys are popular enough to make it work.The company that produces the popular toys with heads that bobble plans to open up a nearly 40,000-square-foot store in Los Angeles later this year."So many people are looking for an experience when they shop — not just buying things," Funko CEO Brian Mariotti told CNN Business in an exclusive interview. "This is retail times pop culture."Funko is known for its vinyl figures that are based on popular movie, TV and comic book characters. It also reproduces real life athletes. The company has licenses with most big studios, including Disney for its Marvel, Pixar and Star Wars characters, Warner Bros. for the DC Comics and Harry Potter franchises as well as Pokémon. (Warner Bros., like CNN, is owned by AT&T's WarnerMedia.)The LA store will be located on Hollywood Boulevard, not far from the famous TCL Chinese Theatre. It will neighbor a Shake Shack and SoulCycle — in other words, trendy. Mariotti said the company is targeting both tourists and local residents.Funko already runs a smaller retail outlet at its corporate headquarters in Everett, Washington. Mariotti said that when the company opened that store up, he thought it would be a hit with pop culture enthusiasts and Funko employees. The store wound up exceeding those expectations.Mariotti said moms with young kids are big fans. Many customers are repeat visitors, too. That proved to Funko that it might be a good idea to set up shops in cities that could attract a mix of local fans and enthusiasts willing to travel to the store.The new Hollywood location will let customers pose with life-size Funko figures and sit in a toy version of the Batmobile, he said.He added that the company was still working with the building developer and local officials in Los Angeles, so the store won't be ready for a while. But he hopes to open it in time for Halloween. Parts of the store are being built in Washington and shipped down to California.If the store is a success, Mariotti said that more Funko locations could open up in other tourist meccas, such as London, Tokyo and Las Vegas.But he was quick to point out that Funko isn't trying to compete with its retail partners. Funko, like other toy companies, sells a lot of merchandise on Amazon and at Walmart and Target. The company also has distribution at specialty retailers like GameStop and Hot Topic.Instead, Mariotti said the goal is to build even more followers for the brand, driving sales at those big retailers.Funko will report its results for the fourth quarter Thursday, and it is expected to talk more about its retail plans then. Analysts expect sales to have risen nearly 20% from a year ago and for earnings per share to have more than doubled.The stock is up more than 50% already this year. 2874

It's official...New York Mayor Bill de Blasio is running for President of the United States. Here's his announcement video... pic.twitter.com/A9gDtfLzGo— Yashar Ali ?? (@yashar) May 16, 2019 202

LAS VEGAS -- No child should go to school hungry, but that's the reality for many students. That's why a teacher at a Las Vegas elementary school started a 168

LAKELAND, Fla. — Hurricane hunters made history Thursday while gathering the latest data on Hurricane Dorian.According to a tweet from the NOAA Aircraft Operations Center, the first all-female, three-pilot flight crew flew a mission into the storm.The Florida-based crew consisted of Capt. Kristie Twining, Cmdr. Rebecca Waddington and Lt. Lindsey Norman.Data gathered on these flights help meteorologists determine the strength and path of the hurricane.Manned flights into hurricanes have been occurring since 1943, so congratulations to these ladies! 565

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