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

[owebo]

Trump's tariff tax will be paid entirely by American consumers. It will make no difference to Mexican producers.

Since the election, the Mexican peso is down 13%. All a 20% tariff will do is bring the cost of Mexican goods back to where they were before Trump was elected. And the more Trump slams Mexico, the more the peso goes down, and the more competitive Mexican goods become.

Sure will make a huge difference to Mexico.....it's a pretty simple concept, so I can see how it's over your head.....

 

[Tom Horn]

Trump's tariff tax will be paid entirely by American consumers. It will make no difference to Mexican producers.

Since the election, the Mexican peso is down 13%. All a 20% tariff will do is bring the cost of Mexican goods back to where they were before Trump was elected. And the more Trump slams Mexico, the more the peso goes down, and the more competitive Mexican goods become.

Except that's not how it works in macro economics.....they'll be using wheelbarrows (considered high-tech there) of pesos to go to the market. They have no other trade partners.....we're it and they just screwed the pooch by pissing off Trump.

 

[Uncensored2008]

Trump's tariff tax will be paid entirely by American consumers. It will make no difference to Mexican producers.

Since the election, the Mexican peso is down 13%. All a 20% tariff will do is bring the cost of Mexican goods back to where they were before Trump was elected. And the more Trump slams Mexico, the more the peso goes down, and the more competitive Mexican goods become.

A 20% tariff violates NAFTA, which currently is the law.

He cannot do it without repealing NAFTA first. NAFTA is a disaster, but one that needs to be fixed, not repealed.

 

[Toro]

He was a businessman, doing what businessmen do. Manufacturing in Mexico is a lot cheaper than the U.S., creating a much larger profit margin. The goal of Trump's administration is to make it so that is no longer the case, so that it benefits everyone.

Watch Mexico do the same to us...

Trade war is coming.

Mexicans need us a lot more than we need them. They will fold and give us the wall money.

BULLSHIT--Do you have any idea what you would pay for a shirt today, that you pay $15.00 for right now, if it was "made in America."

If he does a 20% noncongressional approved BORDER tax you're going to be paying for it in the cost of the product. It's not going to create a single job here.

If you've ever been to Mexico--which I wholly doubt you have, you may want to talk to General Electric, General Motors, Westinghouse, Walmart, Pizza Hut, McDonalds, Home Depot, Sams, Target and all the other AMERICAN corporations down there that do sell their goods in Mexico. What do you suppose is going to happen when Mexico returns the favor of a 20% tax on American goods and corporations down there?

Let me spell it out for you! JOB LOSS'S HERE dumbass

Mexico is the number 2 buyer of American products in the world.

Hey, bro. You think they're manufacturing goods in America to ship to mexico, or are the same goods they're building in Mexico the same ones they're selling in Mexico? Like they used to do here. They build in Mexico, and sell in Mexico. Here, they build in Mexico and sell in America.

Who do you think is going to suffer? Corporations with huge profit margins after paying some Mexican worker 8 dineros a day, or American workers?

I guess those rich motherfuckers won't be unemployed anytime soon. If you didn't hear lately, our trade deficit with Mexico means we're losing more than we're gaining.

The arrow is when NAFTA starts, and it is our trade deficit.


So while you can cry about how much our corporations that skip taxes and keep their money in tax havens are fixing to lose by paying American workers, let's talk about American interests.

It is in our interests to make sure that we have a large pool of highly paid workers. That's good for our economy. Shipping our jobs to Mexico to pay Mexicans an extreme fraction of what we make with no benefits, means that a high paying job with decent benefits is lost in America.

Are you willing to give up your job to a Mexican who makes 1/64th what you do, just so the corporations earn a bit more money, dumbass?

You adhere to a discredited economic philosophy from the 18th century called mercantilism. It is opposed by anyone who believes in capitalism, freedom and liberty.

American exports to Mexico have exploded since NAFTA.

 

[GaryDog]

A fucking waste of a solution in search of a non-existent problem

Non existent problem? Do you have a job?

Yes, and yes.

 

[GaryDog]

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.

And reduce their foreign aid to $0.

Sweet, so reduce their foreign aid to zero, watch Mexico descend into economic calamity, and then see as drugs/illegals, etc. spill UNDER the border into the U.S.

What then? A $1 trillion underwater/underground electric forcefield, you fucking tool?

 

[Fenton Lum]

Foreign leaders will decide it's best to play ball with Trump.

One decided he's not paying for Don's wall.

 

[Tom Horn]

A 20% tariff violates NAFTA, which currently is the law.

He cannot do it without repealing NAFTA first. NAFTA is a disaster, but one that needs to be fixed, not repealed.

Yeah? And who will enforce it...the NAFTA police force?

 

[Toro]

Except that's not how it works in macro economics.....they'll be using wheelbarrows (considered high-tech there) of pesos to go to the market. They have no other trade partners.....we're it and they just screwed the pooch by pissing off Trump.

My degree in macroeconomics disagrees with you.

 

[Johann]

He was a businessman, doing what businessmen do. Manufacturing in Mexico is a lot cheaper than the U.S., creating a much larger profit margin. The goal of Trump's administration is to make it so that is no longer the case, so that it benefits everyone.

Watch Mexico do the same to us...

Trade war is coming.

Mexicans need us a lot more than we need them. They will fold and give us the wall money.

BULLSHIT--Do you have any idea what you would pay for a shirt today, that you pay $15.00 for right now, if it was "made in America."

If he does a 20% noncongressional approved BORDER tax you're going to be paying for it in the cost of the product. It's not going to create a single job here.

If you've ever been to Mexico--which I wholly doubt you have, you may want to talk to General Electric, General Motors, Westinghouse, Walmart, Pizza Hut, McDonalds, Home Depot, Sams, Target and all the other AMERICAN corporations down there that do sell their goods in Mexico. What do you suppose is going to happen when Mexico returns the favor of a 20% tax on American goods and corporations down there?

Let me spell it out for you! JOB LOSS'S HERE dumbass

Mexico is the number 2 buyer of American products in the world.

Hey, bro. You think they're manufacturing goods in America to ship to mexico, or are the same goods they're building in Mexico the same ones they're selling in Mexico? Like they used to do here. They build in Mexico, and sell in Mexico. Here, they build in Mexico and sell in America.

Who do you think is going to suffer? Corporations with huge profit margins after paying some Mexican worker 8 dineros a day, or American workers?

I guess those rich motherfuckers won't be unemployed anytime soon. If you didn't hear lately, our trade deficit with Mexico means we're losing more than we're gaining.

The arrow is when NAFTA starts, and it is our trade deficit.


So while you can cry about how much our corporations that skip taxes and keep their money in tax havens are fixing to lose by paying American workers, let's talk about American interests.

It is in our interests to make sure that we have a large pool of highly paid workers. That's good for our economy. Shipping our jobs to Mexico to pay Mexicans an extreme fraction of what we make with no benefits, means that a high paying job with decent benefits is lost in America.

Are you willing to give up your job to a Mexican who makes 1/64th what you do, just so the corporations earn a bit more money, dumbass?

You adhere to a discredited economic philosophy from the 18th century called mercantilism. It is opposed by anyone who believes in capitalism, freedom and liberty.

American exports to Mexico have exploded since NAFTA.

How about American exports that don't involve natural resources, such as gas and coal?

That is more of a diagram of the consumption of natural gas by the economy of Mexico, which is no doubt growing since NAFTA and the subsequent exploitation of poorly paid Mexican workers by American corporations. Not to mention a lot of that natural gas is no doubt transiting the U.S. from Canada.

How about manufactured goods? as the export of American manufactured goods exploded since NAFTA?

And what does allowing corporations to manufacture goods using slave labour in foreign countries have to do with freedom and liberty?

 

[owebo]

Trump's tariff tax will be paid entirely by American consumers. It will make no difference to Mexican producers.

Since the election, the Mexican peso is down 13%. All a 20% tariff will do is bring the cost of Mexican goods back to where they were before Trump was elected. And the more Trump slams Mexico, the more the peso goes down, and the more competitive Mexican goods become.

A 20% tariff violates NAFTA, which currently is the law.

He cannot do it without repealing NAFTA first. NAFTA is a disaster, but one that needs to be fixed, not repealed.

Trump is negotiating a deal with Canada.....so, it leaves nafta a bilateral agreement, and he can then kill it.....fuck Mexico.....

 

[TomParks]

Mexico better concede or its going to get ugly real fast haha

 

[owebo]

Except that's not how it works in macro economics.....they'll be using wheelbarrows (considered high-tech there) of pesos to go to the market. They have no other trade partners.....we're it and they just screwed the pooch by pissing off Trump.

My degree in macroeconomics disagrees with you.

Basket weavers unite!!!

 

[Lakhota]

Well, gee whiz, guess who's going to pay for the wall - American taxpayers!

 

[TomParks]

Trump's tariff tax will be paid entirely by American consumers. It will make no difference to Mexican producers.

Since the election, the Mexican peso is down 13%. All a 20% tariff will do is bring the cost of Mexican goods back to where they were before Trump was elected. And the more Trump slams Mexico, the more the peso goes down, and the more competitive Mexican goods become.

A 20% tariff violates NAFTA, which currently is the law.

He cannot do it without repealing NAFTA first. NAFTA is a disaster, but one that needs to be fixed, not repealed.

Trump is negotiating a deal with Canada.....so, it leaves nafta a bilateral agreement, and he can then kill it.....fuck Mexico.....

Yeah I think this is his way of exiting NAFTA.....should have happened years ago. They cant screw with guys like Carl Ichan

 

[Toro]

He was a businessman, doing what businessmen do. Manufacturing in Mexico is a lot cheaper than the U.S., creating a much larger profit margin. The goal of Trump's administration is to make it so that is no longer the case, so that it benefits everyone.

Watch Mexico do the same to us...

Trade war is coming.

Mexicans need us a lot more than we need them. They will fold and give us the wall money.

BULLSHIT--Do you have any idea what you would pay for a shirt today, that you pay $15.00 for right now, if it was "made in America."

If he does a 20% noncongressional approved BORDER tax you're going to be paying for it in the cost of the product. It's not going to create a single job here.

If you've ever been to Mexico--which I wholly doubt you have, you may want to talk to General Electric, General Motors, Westinghouse, Walmart, Pizza Hut, McDonalds, Home Depot, Sams, Target and all the other AMERICAN corporations down there that do sell their goods in Mexico. What do you suppose is going to happen when Mexico returns the favor of a 20% tax on American goods and corporations down there?

Let me spell it out for you! JOB LOSS'S HERE dumbass

Mexico is the number 2 buyer of American products in the world.

Hey, bro. You think they're manufacturing goods in America to ship to mexico, or are the same goods they're building in Mexico the same ones they're selling in Mexico? Like they used to do here. They build in Mexico, and sell in Mexico. Here, they build in Mexico and sell in America.

Who do you think is going to suffer? Corporations with huge profit margins after paying some Mexican worker 8 dineros a day, or American workers?

I guess those rich motherfuckers won't be unemployed anytime soon. If you didn't hear lately, our trade deficit with Mexico means we're losing more than we're gaining.

The arrow is when NAFTA starts, and it is our trade deficit.


So while you can cry about how much our corporations that skip taxes and keep their money in tax havens are fixing to lose by paying American workers, let's talk about American interests.

It is in our interests to make sure that we have a large pool of highly paid workers. That's good for our economy. Shipping our jobs to Mexico to pay Mexicans an extreme fraction of what we make with no benefits, means that a high paying job with decent benefits is lost in America.

Are you willing to give up your job to a Mexican who makes 1/64th what you do, just so the corporations earn a bit more money, dumbass?

You adhere to a discredited economic philosophy from the 18th century called mercantilism. It is opposed by anyone who believes in capitalism, freedom and liberty.

American exports to Mexico have exploded since NAFTA.

How about American exports that don't involve natural resources, such as gas and coal?

That is more of a diagram of the consumption of natural gas by the economy of Mexico, which is no doubt growing since NAFTA and the subsequent exploitation of poorly paid Mexican workers by American corporations.

How about manufactured goods? as the export of American manufactured goods exploded since NAFTA?

My mistake. I pasted the wrong graph. I have replaced it.

The economy doesn't run on manufacturing. Focusing on one industry as inherently good is economic folly.

 

[owebo]

Well, gee whiz, guess who's going to pay for the wall - American taxpayers!

Mexico...

 

[owebo]

Trump's tariff tax will be paid entirely by American consumers. It will make no difference to Mexican producers.

Since the election, the Mexican peso is down 13%. All a 20% tariff will do is bring the cost of Mexican goods back to where they were before Trump was elected. And the more Trump slams Mexico, the more the peso goes down, and the more competitive Mexican goods become.

A 20% tariff violates NAFTA, which currently is the law.

He cannot do it without repealing NAFTA first. NAFTA is a disaster, but one that needs to be fixed, not repealed.

Trump is negotiating a deal with Canada.....so, it leaves nafta a bilateral agreement, and he can then kill it.....fuck Mexico.....

Yeah I think this is his way of exiting NAFTA.....should have happened years ago. They cant screw with guys like Carl Ichan

Trump is playing 3-D chess while microeconomic degreed liberals are playing checkers....

 

[Kevin_Kennedy]

In other words, he's going to build a wall and American consumers are going to pay for it.

 

[Dragonlady]

Foreign leaders will decide it's best to play ball with Trump.

Bullshit. Trump is all hat and no head.

First off we have Trump is going to build the wall. And then we have Paul Ryan and Mitch McConnell saying he can't build a wall by Executive Order. Building the requires Congress to approve an appropriations bill for the costs.

Next we have Trump saying he's going to slap a 20% tariff on Mexican goods being imported. And then Paul Ryan and Mitch McConnell are interviewed saying that they don't want to start a trade war with Mexico. And that President Trump has no power to slap tariff's on anything. Congress holds the purse strings.

And so it begins. Ryan and McConnell are quietly investigating the Russian connection and setting up their impeachment agenda.