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re: Trump to impose 20% import tax on Mexican goods to pay for wall
Posted on 1/26/17 at 2:40 pm to gatorrocks
Posted on 1/26/17 at 2:40 pm to gatorrocks
quote:
What do we get from Mexico besides Avacados and illegals?
$316 billion in imports
quote:
Mexico was the United States' 3rd largest supplier of goods imports in 2015.
U.S. goods imports from Mexico totaled $295 billion in 2015, up 0.2% ($667 million) from 2014, and up 73% from 2005. U.S. imports from Mexico are up 638% from 1993 (pre-NAFTA). U.S. imports from Mexico are up 638% from 1993 (pre-NAFTA).
The top import categories (2-digit HS) in 2015 were: vehicles ($74 billion), electrical machinery ($63 billion), machinery ($49 billion), mineral fuels ($14 billion), and optical and medical instruments ($12 billion).
U.S. imports of agricultural products from Mexico totaled $21 billion in 2015, our 2nd largest supplier of agricultural imports. Leading categories include: fresh vegetables ($4.8 billion), other fresh fruit ($4.3 billion), wine and beer ($2.7 billion), snack foods ($1.7 billion), and processed fruit & vegetables ($1.4 billion).
U.S. imports of services from Mexico were an estimated $21.6 billion in 2015, 11.0% ($2.1 billion) more than 2014, and 50.0% greater than 2005 levels. It was up roughly 191% from 1993 (pre-NAFTA). Based on 2014, leading services imports from Mexico to the U.S. were in the travel, transportation, and technical and other services sectors.
This post was edited on 1/26/17 at 2:43 pm
3
Posted on 1/26/17 at 2:40 pm to Zach Lee To Amp Hill
quote:
Do you have a Legitimate link
Posted on 1/26/17 at 2:40 pm to gatorrocks
Mexico is our 3rd biggest trade partner.
But they're brown so you guys think they're useless.
But they're brown so you guys think they're useless.
Posted on 1/26/17 at 2:40 pm to Bear Is Dead
The solution here is simple. Just make the tariffs less than the other guy, then let the free market work itself out.
Posted on 1/26/17 at 2:41 pm to Zach Lee To Amp Hill
Y'all realize with this tax America will still be paying for the wall via higher prices on consumer goods.
Posted on 1/26/17 at 2:41 pm to Zach Lee To Amp Hill
Good. Now you have a reason to buy from American businesses. You will have to cut out a little of your unnecessary shite though. You will be better in the long run. You have a lot of potential discipline and I believe in you.
Posted on 1/26/17 at 2:41 pm to Old Hellen Yeller
So that's an additional ~$60 billion in taxes that we could gain?
Posted on 1/26/17 at 2:41 pm to Zach Lee To Amp Hill
This will be enormous for the US agricultural industry who are currently stuck competing with Mexico where they have very little regulation revolving around pesticide use.
Posted on 1/26/17 at 2:42 pm to Old Hellen Yeller
Right on. Thanks.
I'll gladly pay 20% more on TVs if it means building the wall.
I'll gladly pay 20% more on TVs if it means building the wall.
Posted on 1/26/17 at 2:42 pm to Crimson Wraith
Great. Now we'll get to hear fake stories from fake news outlets about 20% of all Gringos residing in Mexico having 100% of their asses handed to them by IDGAF bad dudes. I assume the WH is warning Ex-Pats as we speak.
Posted on 1/26/17 at 2:43 pm to Old Hellen Yeller
quote:
The top import categories (2-digit HS) in 2015 were: vehicles ($74 billion), electrical machinery ($63 billion), machinery ($49 billion), mineral fuels ($14 billion), and optical and medical instruments ($12 billion). U.S. imports of agricultural products from Mexico totaled $21 billion in 2015, our 2nd largest supplier of agricultural imports. Leading categories include: fresh vegetables ($4.8 billion), other fresh fruit ($4.3 billion), wine and beer ($2.7 billion), snack foods ($1.7 billion), and processed fruit & vegetables ($1.4 billion).
Swing and a miss. I don't buy any of that shite. Effect on Zach = ZERO.
Posted on 1/26/17 at 2:43 pm to Hugo Stiglitz
Yep. Fine by me.
This post was edited on 1/26/17 at 2:43 pm
Posted on 1/26/17 at 2:43 pm to gatorrocks
quote:
gatorrocks
We buy a tremendous amount of garments from them. That's essentially what killed the cotton industry in America. All the garment processing business went to Mexico. NAFTA sent all of those jobs to the lowest wage bidder.
People are scared of this standoff with Mexico. Temporarily it puts Commerce in jeopardy, but this battle is needed in the worst way.
I know everyone thinks Trumps statement "we don't win anymore" is corny, but it's so true. We play by the rules and let Mexico, China, India, Japan and Vietnam take advantage of our honest business dealings.
Posted on 1/26/17 at 2:43 pm to Hugo Stiglitz
quote:
Y'all realize with this tax America will still be paying for the wall via higher prices on consumer goods.
Of course they don't.
Posted on 1/26/17 at 2:43 pm to Hugo Stiglitz
Pretty sure most of this wont effect most people.
The top import categories (2-digit HS) in 2015 were: vehicles ($74 billion), electrical machinery ($63 billion), machinery ($49 billion), mineral fuels ($14 billion), and optical and medical instruments ($12 billion).
U.S. imports of agricultural products from Mexico totaled $21 billion in 2015, our 2nd largest supplier of agricultural imports. Leading categories include: fresh vegetables ($4.8 billion), other fresh fruit ($4.3 billion), wine and beer ($2.7 billion), snack foods ($1.7 billion), and processed fruit & vegetables ($1.4 billion).
The top import categories (2-digit HS) in 2015 were: vehicles ($74 billion), electrical machinery ($63 billion), machinery ($49 billion), mineral fuels ($14 billion), and optical and medical instruments ($12 billion).
U.S. imports of agricultural products from Mexico totaled $21 billion in 2015, our 2nd largest supplier of agricultural imports. Leading categories include: fresh vegetables ($4.8 billion), other fresh fruit ($4.3 billion), wine and beer ($2.7 billion), snack foods ($1.7 billion), and processed fruit & vegetables ($1.4 billion).
Posted on 1/26/17 at 2:44 pm to ihometiger
quote:
This will be enormous for the US agricultural industry who are currently stuck competing with Mexico where they have very little regulation revolving around pesticide use.
frick the EPA and FDA!!!!k
Posted on 1/26/17 at 2:44 pm to Zach Lee To Amp Hill
Are you ever not antagonistic?
Posted on 1/26/17 at 2:44 pm to Zach Lee To Amp Hill
quote:
Mexico is our 3rd biggest trade partner.
What are you doing responding with actual facts? You know the Trumpkins don't like that.
Posted on 1/26/17 at 2:44 pm to ihometiger
quote:
This will be enormous for the US agricultural industry who are currently stuck competing with Mexico where they have very little regulation revolving around pesticide use.
are they going to have to pay their workers less than Mexican workers? Are they going to have to pay for health insurance for their workers? Where do you think those cost increases are going to get passed down to?
Posted on 1/26/17 at 2:45 pm to Zach Lee To Amp Hill
So he's going to tax us 20% on goods to pay for his wall?
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