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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
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 2:42 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 2:43 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.
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