Watch Mexico do the same to us...
Trade war is coming.
Wouldn't this just cause American companies to start making products in America?
Ahh.. No...
How about the other 191 countries in the world...
But Mexico will just ship goods to any country the world and ship them again into US or just ship to US and make the American Consumer pay for the wall...
I guess that Mexico are to next to nothing in fighting drug trafficking now..
Here are the real facts:
- U.S. goods and services trade with Mexico totaled an estimated $583.6 billion in 2015. Exports were $267.2 billion; imports were $316.4 billion. The U.S. goods and services trade deficit with Mexico was -$49.2 billion in 2015.
- The United States has a services trade surplus of an estimated $9.2 billion with Mexico in 2015, down 12.7% from 2014.
- Mexico was the United States' 2nd largest goods export market in 2015.
- The top export categories (2-digit HS) in 2015 were: machinery ($42 billion), electrical machinery ($41 billion), vehicles ($22 billion), mineral fuels ($19 billion), and plastics ($17 billion).
So $267 billion market is going to be severely affected when MExico puts the same on US... You are so concentrated on getting Mexico to pay you don't see that this is going to thousands of jobs. Putting about 150,000 at risk...
This is why we don't have trade wars... The Mexico-US trade deficit is not enough to not affect America...
China are having a great week, first TPP and now a trade war for them to pick clean.