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

[toomuchtime_]

So the $20,000 Ford you buy that was assembled in Mexico will now cost you $24,000

That will show those Mexicans

lol It means that if this becomes law, Ford will have to assemble the cars in the US or lose market share.

So Ford is competing for consumers who want a Honda Accord instead of a Ford Focus. Used to be the Focus was $4000 cheaper
Now, by slapping on a $4000 tariff or paying more to manufacture in the U.S.,consumers will buy the Honda

All to build a worthless wall

But there will be no increase in cost once corporate taxes are lowered and unnecessary regulations are removed.

 

[jon_berzerk]

Watch Mexico do the same to us...

Trade war is coming.

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

like mexican booze for example

 

[toomuchtime_]

So the $20,000 Ford you buy that was assembled in Mexico will now cost you $24,000

That will show those Mexicans

lol It means that if this becomes law, Ford will have to assemble the cars in the US or lose market share.

And sell the car for $30,000.

They'll probably just stop making it and Mexico and the U.S. will lose jobs. Trump's scorched earth policy right there.

Use your head, Ford can't raise prices without losing market share. Business is optimistic about President Trump because he is promising to cut corporate taxes and lowering unnecessary regulations so that Ford and other companies can move their facilities back here without having to raise prices.

You live in a fantasy world. Cutting the corporate tax and regulations won't offset the cost of Ford having to pay way more to produce the same or less amounts of product. Less profit = less jobs. Unless part of Trump's plan is massive subsidies for Ford or dramatically lowering the American standard of living.

Cutting taxes and removing regulations will lower Ford's cost of production so that it can maintain profit margins without raising profits.

 

[theHawk]

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.

 

[TheOldSchool]

If Mexico loses US markets their economy sinks. There are not a lot of takers who can afford their up-scale products. China doesn't want them and Venezuela can't afford them.

That will really stop people from trying to cross the border.

That's what the wall's for idiot! It really isn't that difficult!

You want to build a wall while simultaneously massively increasing the incentive for Mexicans to cross the border? Sounds like you're the idiot.

 

[TheOldSchool]

So the $20,000 Ford you buy that was assembled in Mexico will now cost you $24,000

That will show those Mexicans

lol It means that if this becomes law, Ford will have to assemble the cars in the US or lose market share.

And sell the car for $30,000.

They'll probably just stop making it and Mexico and the U.S. will lose jobs. Trump's scorched earth policy right there.

Use your head, Ford can't raise prices without losing market share. Business is optimistic about President Trump because he is promising to cut corporate taxes and lowering unnecessary regulations so that Ford and other companies can move their facilities back here without having to raise prices.

You live in a fantasy world. Cutting the corporate tax and regulations won't offset the cost of Ford having to pay way more to produce the same or less amounts of product. Less profit = less jobs. Unless part of Trump's plan is massive subsidies for Ford or dramatically lowering the American standard of living.

Cutting taxes and removing regulations will lower Ford's cost of production so that it can maintain profit margins without raising profits.

Not without massive subsidies buddy.

 

[jon_berzerk]

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

 

[bendog]

So you guys are suddenly against American made?

U.S. considering 20% tax on imports to pay for border wall, White House says

Gee, I wonder who will pay that 20% tax.

How will buying American pay for the wall Trump wants to finance with 20% tax American consumers will have to pay?

That's what I was thinking. So I pay 20% more for something and who is paying for this wall again?

 

[MisterBeale]

BREAKING NEWS: Now Trump has slapped a 20% tax on all imports from Mexico to pay for the border wall. Does that include his stuff made in Mexico?

White House press secretary says border wall will be funded by 20 percent import tax on Mexican goods

It won't pass as it would be a crippling blow to U.S. companies and a job destroyer. Trump's crazy, but congress has reelections to think about.

I would like to think that you are right.

If I'm wrong, get ready for America to lose bigly. As a consolation prize, we can laugh at the dumb rubes who voted for Trump not being to afford groceries and Wal-Mart anymore.

meh, they'll just have to start eating PB&J's and Mac&Cheese instead of the hamburgers, steaks and lobster Obama's SNAP payments have enabled them to subsist off of.

 

[Meathead]

You want to build a wall while simultaneously massively increasing the incentive for Mexicans to cross the border? Sounds like you're the idiot.

We'll build the wall. I wouldn't trust the Mexicans to build it, but they'll get to pay for it.

 

[saveliberty]

Sorry, I don't want to pay regular price for imported Mexicans.

 

[BlindBoo]

And that's how you pay for the wall

US Consumers you mean.

 

[toomuchtime_]

lol It means that if this becomes law, Ford will have to assemble the cars in the US or lose market share.

And sell the car for $30,000.

They'll probably just stop making it and Mexico and the U.S. will lose jobs. Trump's scorched earth policy right there.

Use your head, Ford can't raise prices without losing market share. Business is optimistic about President Trump because he is promising to cut corporate taxes and lowering unnecessary regulations so that Ford and other companies can move their facilities back here without having to raise prices.

You live in a fantasy world. Cutting the corporate tax and regulations won't offset the cost of Ford having to pay way more to produce the same or less amounts of product. Less profit = less jobs. Unless part of Trump's plan is massive subsidies for Ford or dramatically lowering the American standard of living.

Cutting taxes and removing regulations will lower Ford's cost of production so that it can maintain profit margins without raising profits.

Not without massive subsidies buddy.

Yep, without massive subsidies, but remember Mexico provides large scale subsidies to lure US companies to go there.

 

[toomuchtime_]

So you guys are suddenly against American made?

U.S. considering 20% tax on imports to pay for border wall, White House says

Gee, I wonder who will pay that 20% tax.

How will buying American pay for the wall Trump wants to finance with 20% tax American consumers will have to pay?

That's what I was thinking. So I pay 20% more for something and who is paying for this wall again?

You say that because you are not thinking. By now if you are not familiar with the President's promise to lower taxes and remove unnecessary regulations to lower the cost of manufacturing in the US, you are just not interested in the subject.

 

[theHawk]

Trump is a genius, he's got liberals irate about a tax increase.

 

[Meathead]

So you guys are suddenly against American made?

U.S. considering 20% tax on imports to pay for border wall, White House says

Gee, I wonder who will pay that 20% tax.

How will buying American pay for the wall Trump wants to finance with 20% tax American consumers will have to pay?

That's what I was thinking. So I pay 20% more for something and who is paying for this wall again?

If you're going to spend 20% more for a Mexican product, then you're stupid enough to pay for it. See, it works.

 

[TheOldSchool]

You mean like the Dem's have been working on...

So the $20,000 Ford you buy that was assembled in Mexico will now cost you $24,000

That will show those Mexicans

lol It means that if this becomes law, Ford will have to assemble the cars in the US or lose market share.

And sell the car for $30,000.

They'll probably just stop making it and Mexico and the U.S. will lose jobs. Trump's scorched earth policy right there.

Use your head, Ford can't raise prices without losing market share. Business is optimistic about President Trump because he is promising to cut corporate taxes and lowering unnecessary regulations so that Ford and other companies can move their facilities back here without having to raise prices.

You live in a fantasy world. Cutting the corporate tax and regulations won't offset the cost of Ford having to pay way more to produce the same or less amounts of product. Less profit = less jobs. Unless part of Trump's plan is massive subsidies for Ford or dramatically lowering the American standard of living.

Dem fiscal policy is terrible. I can't believe Trump convinced you idiot rubes to adopt it. Bernie fucking Sanders applauded your economic move the other day. That should worry you.

 

[Missourian]

The peso was tumbling Thursday after Mexico's president, Enrique Peña Nieto, announced he had canceled a meeting scheduled for next week with President Donald Trump.

The peso was down by 1.2% at 21.3175 per dollar as of 11:57 a.m. ET.

The currency had been up by as much as 0.8% at 20.9358 per dollar at about 8:50 a.m. ET.

The peso is tumbling after Mexico's president said he wouldn't meet with Trump
​

What do you think it's going to look like tomorrow, after this announcement?

If you don't see this as economic muscle flexing...you don't understand Trump yet.

Mexico's President will reconsider his position on meeting Trump within the next five days.

 

[AntonToo]

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.

Do you have any clue how much American business goes to mexico? 20% tax Mexico will surely counter with, along with declining Mexican consumer situation will be painful for our business too and cause disruption and pain for everyone not to mention a steep decline in relations with our neighbor...and for what? Retarded Trumpster wall fancies?

 

[WillowTree]

Watch Mexico do the same to us...

Trade war is coming.

Will not bother me, I stopped buying from Mexico and China years ago.

well if it works for you then what the fuck eh...do you know you are a clown ?
Rubes Here is how to Read this : Trump Proposes 20% Tax on Your Groceries

What does my choosing not to buy Mexican goods bother ewe? Are you a monkey?