BREAKING NEWS: Trump proposes 20% tax on imports from Mexico to pay for wall

Watch Mexico do the same to us...

Trade war is coming.

Wouldn't this just cause American companies to start making products in America?

No. Instead of buying Mexican product, you buy one made in El Salvador and import the product into the US. What Mexico will do is sell the product to El Salvador who will turn around and sell it to us at a premium….
 
So, the Mexicans are not paying for the wall because the revenue collected on imports which belongs to the American people will be used for that purpose. The American consumers, then, will be paying for the Trump Wall.
Until those manufacturers come back to US soil.
 
They will move their factories or lose market share in the US, so of course they will close their factories in Mexico.
Closing factories will cost billions, it will never happen. The only losers will be the American consumer
It will cost millions, not billions, and it will cost more to lose market share in the US.
The loser will be the american consumer
You mean they will be the winner...
How will they be a winner paying 20% extra for merchandise
It has been explained many times in this thread that why there will not be 20% increase to consumers. Are you unable to understand what has been said?
 
No, it would begin a trade war. American companies are not going to close their Mexican factories and lose billions doing so
They will move their factories or lose market share in the US, so of course they will close their factories in Mexico.
Closing factories will cost billions, it will never happen. The only losers will be the American consumer
It will cost millions, not billions, and it will cost more to lose market share in the US.
The loser will be the american consumer
American consumers will lose nothing because the federal government will lower taxes and remove unnecessary regulations to lower the cost of production and the states will offer other benefits as they compete for the new factories. Japanese cars manufactured in the US are price competitive with US cars manufactured in Mexico now, and the cost of production here will be even lower once the tax and regulator reforms are in place.
So we are going to lower taxes, just how much larger will our national debt be??
 
Closing factories will cost billions, it will never happen. The only losers will be the American consumer
It will cost millions, not billions, and it will cost more to lose market share in the US.
The loser will be the american consumer
You mean they will be the winner...
How will they be a winner paying 20% extra for merchandise
It has been explained many times in this thread that why there will not be 20% increase to consumers. Are you unable to understand what has been said?
No, try again
 
So, the Mexicans are not paying for the wall because the revenue collected on imports which belongs to the American people will be used for that purpose. The American consumers, then, will be paying for the Trump Wall.
It will make Mexican goods more expensive which will result in lost revenue to competition for Mexico. Bring it on
 
So, the Mexicans are not paying for the wall because the revenue collected on imports which belongs to the American people will be used for that purpose. The American consumers, then, will be paying for the Trump Wall.
Until those manufacturers come back to US soil.
I believe the import duty of 20% will be added to all
Which will result in higher cost goods from Mexico. That fee will be passed on to the consumer for the most part. Fine by me. Build the damn wall.
You are correct; the American consumers will be paying for the Trump Wall.
 
Watch Mexico do the same to us...

Trade war is coming.

Wouldn't this just cause American companies to start making products in America?

No. Instead of buying Mexican product, you buy one made in El Salvador and import the product into the US. What Mexico will do is sell the product to El Salvador who will turn around and sell it to us at a premium….
You assume Trump is stupid at your own peril....
 
So will Mexico pay the extra 20% or will the cost be added to what the American consumer pays?

Yes it would do just that. But it also makes it more of an incentive to buy from goods not sold in Mexico. It would be devastating to them, which is why they will realize it's much cheaper to just help pay for the wall.


yes imagine getting products from central America instead of mexico

places in Africa would like our business as well

They make a lot of flat screen TV's in Africa do they?

See for yourself. Even Ivanka is manufacturing in Africa now.


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Shoes and Flat screen TV's are two very different animals.

Is Ivanka's the only listing there? Thanks for your delusion. It's how Trump won.
 
Watch Mexico do the same to us...

Trade war is coming.

Wouldn't this just cause American companies to start making products in America?

No. Instead of buying Mexican product, you buy one made in El Salvador and import the product into the US. What Mexico will do is sell the product to El Salvador who will turn around and sell it to us at a premium….

Won't American companies just move the companies to El salvador and cut out the middle man?
 

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