Trump hitting Mexico with 5% tariff in response to migrants

[Blimey]

WASHINGTON (AP) — In a surprise announcement that could compromise a major trade deal, President Donald Trump announced Thursday that he is slapping a 5% tariff on all Mexican imports to pressure the country to do more to crack down on the surge of Central American migrants trying to cross the border.

Trump hitting Mexico with 5% tariff in response to migrants

Dang, if he actually goes through with this it's a major deal. So many companies have outsourced down to Mexico this can really put a wrench in finances. Business world is going to cry bloody murder over this, but the real losers will be Mexico. I do hope trump keeps this up. Illegal immigration is insane right now.

 

[ArmedCorgi]

Turn the screws Trump, turn the screws. You should be doing so on ALL fronts.

 

[CaseHardened]

THIS is a brilliant strategy

 

[Carlos Hathcock]

Fix the problem and things go back to nicey nice.

 

[GOYABEAN]

He did say they were going to pay for the wall he just didn't say how

 

[Toecutter]

Just 5? Let me know when it's 50.

 

[Acer-m14]

damn it .. now the cost of tacos will go up LOL ..

 

[Deplorable Me]

Stop sending illegal immigrants or we'll send you Schumer, Pelosi and AOC.

 

[BDinPutnam]

He did say they were going to pay for the wall he just didn't say how

You do know how tariffs work, right?

"They" would be "Americans" in this instance.

 

[GOYABEAN]

You do know how tariffs work, right?

"They" would be "Americans" in this instance.

They make the world go round and round

 

[Celt]

The government of Mexico is complicit and allowing migrants to travel either through their country or from their country and over our Southern border. This would help motivate them to step up their own enforcement.

 

[Blimey]

The government of Mexico is complicit and allowing migrants to travel either through their country or from their country and over our Southern border. This would help motivate them to step up their own enforcement.

It absolutely is complicit. I guess the question is how much it wants to stop this and how much power it does have to stop it.

I wonder if courts will put a nix to this pretty quickly.

 

[GOYABEAN]

I think whomever tries to block the building or fortification of our country's borders should be forced to pay or take in one or a family unit into their homes either politicians judges or average regular Joe blows

 

[Bustedknees]

Ya think the big three auto makers are in meetings today ?

 

[Grimscale]

There goes the rest of my Roth-IRA. Might as well pull everything out and stick it under the mattress.
for such a booming economy it sure seems like stock prices are crashing and businesses are closing and/or laying off workers a lot.

I wonder if courts will put a nix to this pretty quickly.

Oh, I'm sure there's some Democrat appointed judge somewhere just chomping at the bit to deny anything Trump. Laws be damned, it's all about opposing the Orange Man.

 

[oc shooter]

cost of all those junk Frieghtliner trucks will be going up glad to hear it

 

[spat]

What he should do is institute a 20% tax on wire transfers of money to Mexico.

 

[Catskillkid]

What he should do is institute a 20% tax on wire transfers of money to Mexico.

I would argue not just Mexico but anywhere else in the world too.

 

[tirwin1]

What he should do is institute a 20% tax on wire transfers of money to Mexico.

I suspect that would quickly be surmounted by people transferring money to another country first and then mexico. And if we applied a tax on all wire transfers I suspect that would quickly have a negative impact on the economy.

 

[Blimey]

I suspect that would quickly be surmounted by people transferring money to another country first and then mexico. And if we applied a tax on all wire transfers I suspect that would quickly have a negative impact on the economy.

only tax those by people without a bank account at the branch

 

[Darth]

Woo-hoo, nobody wins with restrictions on the free market , but Trump said it so yay!

More government, hell yeah!

 

[BDinPutnam]

US imports $59 billion (with a B) dollars of auto parts from Mexico every year. Guess where they go and what they're used for.

Honestly it annoys the crap out of me that so many here dont get how tariffs work, even just a little. Dont complain about us living in 1984 when it comes to a private company like Facebook censoring content when we have actual government officials who know better (or should- and if they don't, they're incompetent) telling you tariffs are paid by the country we are importing from- and you guys eat it up as truth.

That's not how it works and it's either incompetent or a bald faced lie for these folks to tell you otherwise.

 

[Darth]

US imports $59 billion (with a B) dollars of auto parts from Mexico every year. Guess where they go and what they're used for.

Honestly it annoys the crap out of me that so many here dont get how tariffs work, even just a little. Dont complain about us living in 1984 when it comes to a private company like Facebook censoring content when we have actual government officials who know better (or should- and if they don't, they're incompetent) telling you tariffs are paid by the country we are importing from- and you guys eat it up as truth.

That's not how it works and it's either incompetent or a bald faced lie for these folks to tell you otherwise.

Nope, if Obama did this, it's commie crap. As Trump did, it's all good in the hood.

 

[holdover]

Guess who owns those companys? Yeah , wall st. General motors has 19 auto plants in mexico. Fucked millions of american workers . Pays dick for taxes, enjoys all the benifits of an amrtocan corporation. These fucktards have been outsourceing american jobs for decades, useing slave labor.exploiting americans and forgieners a like for decades.Did globalism put more money in your pocket?

How about american companys pay american workers to make american goods to sell to americans,that pay american taxes?

It workef for 200 years lets try that again.

Globalim will ALWAYS benefit the globalists.

Long live Trump, burn the globalists

 

[holdover]

Tatriffs have to be paid up front,it will take months before they get thier money back, and when mexican goods cost 25%more. Guess what? Americans wont buy it.they wont paythe tarriff either. Mexico loses thier ass while we find or make other waus to obtain them cheaper.

 

[Darth]

Guess who owns those companys? Yeah , wall st. General motors has 19 auto plants in mexico. Fucked millions of american workers . Pays dick for taxes, enjoys all the benifits of an amrtocan corporation. These fucktards have been outsourceing american jobs for decades, useing slave labor.exploiting americans and forgieners a like for decades.Did globalism put more money in your pocket?

How about american companys pay american workers to make american goods to sell to americans,that pay american taxes?

It workef for 200 years lets try that again.

Globalim will ALWAYS benefit the globalists.

Long live Trump, burn the globalists

Yes, free trade put more money in my pocket.

 

[holdover]

How so?

 

[Darth]

Free trade brings down the cost of consumer goods by not creating a false market. Good cost less, you keep more in your pocket . The companies grow , the economy grows.

 

[BDinPutnam]

And who uh... works on those manufacturing lines making those cars with those now more expensive parts?

Jesus wept you guys are freakin' myopic. What flavor is that kool aid?

 

[holdover]

Free trade brings down the cost of consumer goods by not creating a false market. Good cost less, you keep more in your pocket . The companies grow , the economy grows.

Yes, that's the sales pitch. Country's have always had free trade and in this case It does bring down the cost, at the expense of your country men. It also does not pay a living wage and exploits foreigners. A false market is price fixing like the communists you like to trade with do . The communist system does not have a free market. they are making goods on the backs of slave labor. that's where your saving in costs come from .

The American corporations dodge taxes, exploit slave labor , Use unsafe and un regulated work environments sell at 1000% markup , put American dollars over seas, put American workers out of work . And you think its great because you think you saved a few cents ?

I voted for Trump because he wanted to put Americans first , That's exactly what he s doing . This guy is the best thing to happen to this country in a long time only your to blind to see it. I agree Trump is not presidential in anyway, bbut in the boardroom ,you will find no one better.

We did pretty god dam well before these globalists were allowed to ship our jobs over seas . And they don't give two fucks about our country. They are opportunists and exploiters with no loyalty to the people or country.

In order to compete with the Chinese we have to accept the living and working conditions of the Chinese. FUCK THAT. And fuck you if your willing to along with it.