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Message
re: NAFTA Update: Likely ‘Loggerheads’ to be Announced At 3:00pm
Posted on 10/17/17 at 12:31 pm to bobby_3_sticks
Posted on 10/17/17 at 12:31 pm to bobby_3_sticks
How does their trade with the US compare with remittances from Mexican nationals in the US? Because they could lose one or both of those if they keep fricking around.
2
Posted on 10/17/17 at 12:44 pm to teke184
I think remittances are like $50B a year.
So nothing compared to the trade, and reality is that there is no way to stop remittances.
So nothing compared to the trade, and reality is that there is no way to stop remittances.
Posted on 10/17/17 at 12:53 pm to teke184
quote:
How does their trade with the US compare with remittances from Mexican nationals in the US? Because they could lose one or both of those if they keep fricking around.
IIRC, our trade deficit with Mexico is $59 billion/year. We send approximately $25 billion/year back to Mexico in the form of remittances and we give the Mexican government ~$250 million in foreign aid.
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