You add 20% tarriff on Mexican imports; Mexico responds in kind

Do they not already have a tariff on US based products?

No one knows. What we do know is that presently there is no 20% across the board tariff on Mexican goods, and it's probably not very likely to take the shape some on here think it is.

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Do they not already have a tariff on US based products?

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You don't think it can be increased?

You do understand we have a trade deficit with Mexico and that 80% of their exports come to The United States?

We have all the leverage and they know it. They will pay they just dont want it discussed publicly which President TRUMP has agreed to.

U.S.-Mexico Trade 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.

Mexico is currently our 3rd largest goods trading partner with $531 billion in total (two way) goods trade during 2015. Goods exports totaled $236 billion; goods imports totaled $295 billion. The U.S. goods trade deficit with Mexico was $58 billion in 2015.

Trade in services with Mexico (exports and imports) totaled an estimated $52.4 billion in 2015. Services exports were $30.8 billion; services imports were $21.6 billion. The U.S. services trade surplus with Mexico was $9.2 billion in 2015.

According to the Department of Commerce, U.S. exports of goods and services to Mexico supported an estimated 1.1 million jobs in 2014 (latest data available) (953 thousand supported by goods exports and 193 thousand supported by services exports).

Well, of course they could increase it, but at the same time they are already taxing imports at a higher rate than we are, so in reality it would be leveling the playing field.

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What's to stop Mexico from adding a similar tarriff for American products going into their country thus hurting American businesses? That's how trade wars happen.

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You're comparing 80% of one countries exports to 1.5% of the others. That would be a trade massacre, not a trade war.

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U.S.-Mexico Trade 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.

Mexico is currently our 3rd largest goods trading partner with $531 billion in total (two way) goods trade during 2015. Goods exports totaled $236 billion; goods imports totaled $295 billion. The U.S. goods trade deficit with Mexico was $58 billion in 2015.

Trade in services with Mexico (exports and imports) totaled an estimated $52.4 billion in 2015. Services exports were $30.8 billion; services imports were $21.6 billion. The U.S. services trade surplus with Mexico was $9.2 billion in 2015.

According to the Department of Commerce, U.S. exports of goods and services to Mexico supported an estimated 1.1 million jobs in 2014 (latest data available) (953 thousand supported by goods exports and 193 thousand supported by services exports).

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Now some perspective on all those big numbers. Exports to Mexico account for <2% of the US economy, Exports from Mexico account for >30% of the Mexican economy. If they stop buying our stuff, it will hurt a little, if we stop buying theirs...It will completely obliterate their country. They can't win a trade war here.

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Now some perspective on all those big numbers. Exports to Mexico account for <2% of the US economy, Exports from Mexico account for >30% of the Mexican economy. If they stop buying our stuff, it will hurt a little, if we stop buying theirs...It will completely obliterate their country. They can't win a trade war here.

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Well i think you just ended this thread.

Mexico also uses a VAT also so they are essentially enforcing taxes we do not against us.