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Exports to the U.S. make up about 30% of Mexican economy
Posted on 1/26/17 at 9:24 pm
Posted on 1/26/17 at 9:24 pm
Exports to Mexico makes up about 1.5 percent of the U.S. economy.
Posted on 1/26/17 at 9:25 pm to Dawgfanman
Does that account for maquilidora activity?
This post was edited on 1/26/17 at 9:26 pm
Posted on 1/26/17 at 9:26 pm to Dawgfanman
And all the payroll dollars paid out to the illegal Mexican labor force working in the US and sending that money back to Mexico make up about another 30%.
This post was edited on 1/26/17 at 9:30 pm
Posted on 1/26/17 at 9:27 pm to Dawgfanman
Are you talking about people leaving vs vacationers?
Posted on 1/26/17 at 9:28 pm to Dawgfanman
Not including drugs I assume. Prob closer to 95% then
Posted on 1/26/17 at 9:30 pm to Dawgfanman
The question is whether a 20% (or possibly less) tariff will be enough to completely discourage trade or just increase prices for the US? Also, will Mexico impose a tariff too? Too many variables at this point.
Posted on 1/26/17 at 9:35 pm to cahoots
quote:
The question is whether a 20% (or possibly less) tariff will be enough to completely discourage trade or just increase prices for the US? Also, will Mexico impose a tariff too? Too many variables at this point.
frick it.
Let's just do it and find out.
frick Mexico.
I guarantee you that 60% or more of their GDP is U.S. funded one way or the other ... exports, drugs, illegals' money sent back via Western Union, tourist dollars, etc.
Posted on 1/26/17 at 9:44 pm to Dawgfanman
quote:
Exports to Mexico makes up about 1.5 percent of the U.S. economy.
That $235B is just chump change...
quote:
Exports to the U.S. make up about 30% of Mexican economy
What is the gross margin that US companies make with these components/products/etc. that are sources from Mexico?
Posted on 1/26/17 at 9:47 pm to Dawgfanman
Leverage.
When you factor in narco money, tourism and money sent back from Illegals in the US, it's probably 70%-80%.
When you factor in narco money, tourism and money sent back from Illegals in the US, it's probably 70%-80%.
Posted on 1/26/17 at 9:47 pm to scrooster
What are we exporting to Mexico?
Food?
They wont add 20% to that
20% would be a nice little income stream.
Food?
They wont add 20% to that
20% would be a nice little income stream.
Posted on 1/26/17 at 9:52 pm to ForeLSU
quote:
quote:
Exports to Mexico makes up about 1.5 percent of the U.S. economy.
That $235B is just chump change...
quote:
Exports to the U.S. make up about 30% of Mexican economy
What is the gross margin that US companies make with these components/products/etc. that are sources from Mexico?
I realize it's more complicated and would hurt, but for them it would devastate. As a compassionate person, I don't want that to happen.
Posted on 1/26/17 at 10:22 pm to Dawgfanman
What automobiles are made in Mexico?
Put a 20% tax on them, and they will move production to the states.
Put a 20% tax on them, and they will move production to the states.
Posted on 1/26/17 at 10:25 pm to cahoots
quote:
The question is whether a 20% (or possibly less) tariff will be enough to completely discourage trade or just increase prices for the US?
When we got rid of tariffs we undercut the wages of all American workers because companies could produce products in countries with lower labor standard and wages, ship them here and sell them at a profit. This is known as the arbitrage of labor and it was done on purpose to drive down wages for all workers in the US. We need to bring back tariffs because it will encourage to buy American made goods and will ultimately help the American worker.
Posted on 1/26/17 at 10:32 pm to cahoots
quote:
The question is whether a 20% (or possibly less) tariff will be enough to completely discourage trade or just increase prices for the US? Also, will Mexico impose a tariff too? Too many variables at this point.
They already do. Their VAT tax is essentially a tariff as far as our goods to them are concerned.
NAFTA has only been free trade from Mexico to the US and from Canada to the US.
Both Mexico and Canada have a VAT. (Canada calls their something else but it is still a tax)
Posted on 1/26/17 at 10:37 pm to CajunZ81
quote:
When we got rid of tariffs we undercut the wages of all American workers because companies could produce products in countries with lower labor standard and wages, ship them here and sell them at a profit. This is known as the arbitrage of labor and it was done on purpose to drive down wages for all workers in the US. We need to bring back tariffs because it will encourage to buy American made goods and will ultimately help the American worker.
Not many people realize this. Add that to what unrestricted immigration did to wages in America, and you'll see who the winners and losers are and know why our middle class has gone the way of the dodo.
Make no mistake about it: the oligarchs want a 2 tier system-them and us. Free trade with a 3rd world country was an attempt to achieve that, and it has worked spectacularly. Now we'll see if we can come back from the brink and restore the American dream.
This post was edited on 1/26/17 at 10:38 pm
Posted on 1/26/17 at 10:44 pm to Loserman
quote:
They already do. Their VAT tax is essentially a tariff as far as our goods to them are concerned.
That's basically their sales tax mechanism and is applicable for both imports and domestic goods/services, with a few exceptions.
Posted on 1/26/17 at 11:04 pm to ForeLSU
quote:
That's basically their sales tax mechanism and is applicable for both imports and domestic goods/services, with a few exceptions
Of course it is their national sales tax, but because they lower the tax on their companies their domestic produced goods are cheaper for the same item than if we imported it to them. That is why it functions like a tariff to imports.
Posted on 1/26/17 at 11:05 pm to Dawgfanman
quote:
Exports to the U.S. make up about 30% of Mexican economy
Does this include only legal goods and services?
Posted on 1/26/17 at 11:54 pm to cahoots
quote:
The question is whether a 20% (or possibly less) tariff will be enough to completely discourage trade or just increase prices for the US?
They won't raise prices enough for it to really affect anyone in the US. We don't use Mexican products because of their quality. We use them because of their prices. Their prices aren't significantly less than their competitors. Mexican products prices might go up, but they still have to compete.
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