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How? Suppose the 20% gets paid directly to the Government upon arrival in the US. That shouldn't raise the cost right?
@Exterminatore Paid directly to the government? Are you daft? Those companies have to make up for the extra cost of the tariffs imposed against them, so they have to RAISE prices to cover those costs which gets passed on to the consumer/producer.
Then consumers will buy from elsewhere.
Or they can take a 20% cut.
@Exterminatore Do you have any idea how much we import from Mexico? I live in Texas, this will definitely rattle the economy, based on your responses and the other comment you posted on here I suggest you take an entry level macroeconomics course.
Beauty of capitalism. Competition.
@Exterminatore LMAO, protectionism is anti-competition! You Trumpkins are fucking retarded.
Buddy, look. It's simple mathametics. The U. S. does not buy everything it imports from Mexico. Mexico does not hold the entire market on anything we buy.Let's take bananas for example. Mexico can grow bananas and export them to the U. S. and other countries. Now let's take another country. Say For the sake of argument Guatemala. They can also grow bananas and export them to any country including the U. S.Let's say for the sake of argument bananas from Mexico cost $1.00 per bunch and that cost is passed entirely to the consumer. Let's say the exact same holds true for Guatemala. Now comes along the 20% terrif on imported Mexican goods. So now bananas from Mexico that are baught in the U. S. cost $1.20 per bunch, but there is no terrif on Guatemalan goods, so their bananas cost $1.00 per bunch.Still with me?Now you go to the store you see the Mexican bananas. They cost $1.20 per bunch. You also see the Guatemalan bananas at $1.00 per bunch. TO BE CONTUINED.
Neither Mexican bananas or Guatemalan bananas are inferior or superior to each other, they are exactly the same in every way except one. PRICE.Now, which are you going to buy. The guatamalans. Now Mexico's bananas aren't selling. They have 2 choices really, continue to pass the entire cost of bananas to the consumer at $1.20 per bunch, or... ready for this? Drop the price and eat the 20% terrif cost by not passing it on to the consumer so they can compete, or keep the price the same but sell less. See how this works? Free market? Capitalism? If they (Mexico)! want to compete and continue to make as much as in the past, they have to keep the price the same.
@Exterminatore Trade protectionism is the polar opposite of free market economics.You do know that Mexico is the third largest trading partner with the United States, correct? Guatemala nowhere nearly compares, as well as most other Latin America countries. They were the second largest export market in 2015 and the third largest importer in the same year. I really don't think you understand the magnitude of our trade with that nation. It's not just like "Oh! We'll just trade with Haiti and Nicaragua to make up for that!" We have so many companies operating over there and they provide so many resources.ustr.gov/countries-regions/americas/mexico#
As far as the statistics go, I'll be honest, I'm not aware of them and am too lazy to fact check them, so for the sake of the conversation, I'll assume their correct.On that note, assuming you relayed the information from your sourse correctly, I find it difficult to believe Mexico is the 3rd largest trading partner with the U. S. What about China, Saudi Arabia (oil), Tiwan, and Japan? It still does not matter if Mexico is our 3rd biggest trading partner. If the prices on goods and services gets too high, someone will offer competitive goods and services.The bottom line is this. I don't give a rats ass if we do a lot of trade with Mexico or not. Their drug wars and gangs spill over our borders, they do nothing about it. A mass exodus of their citizens come here illegally and send much of the money back to family in Mexico and Mexico's economy benefits. Mexico does nothing. Their citizens come here, commit murders, flee to Mexico, Mexico doesn't extradite them because
Many states have the death pealty, so Mexico denies American's justice, Their citizens continually violate our soverign borders, what does Mexico do? Nothing.I don't care if this makes things difficult for us economically or not, what I want is the BS stopped. Mexico and their foreign nationals living in our boarders have been ripping us off, and they can pay to fix the problem. Americans have given their foreign nationals more than enough $ in the form of tax dollars or their use of U. S. infrastructure which they do use, but not contribute to.How in anyway is any of this good for our economy? Mexico can pay for the wall, and hyped up border security. They can do it through terriffs or do it another way. Bottom line is the party is over and America should be done with NAFTA which directly benefits Mexico the most, and should be done spending money on their foreign nationals living, no invading our country. That will benefit our economy as well.
@Exterminatore The president of Mexico has repeatedly stated they will not pay for this wall, so much comes from that country, it's not just "Oh lickety-split! We'll find someone else" They are one of the largest trading partners of the third world, their GDP is more than many others combined, these trade wars will seriously hurt our economy. Did you look at what I posted? Mexico has a trade DEFICIT and we have a trade SURPLUS, who is getting hurt by NAFTA here?More Mexicans are leaving the US than coming in, during the Obama administration there were a record high number of deportations.www.pewhispanic.org/.../This wall is also one of the least efficient and most expensive ways of controlling illegal immigration.www.washingtonpost.com/.../...d6e6a3e7c_story.html
I very much doubt during the Obama administration there were record high numbers of deportations.On Thanksgiving day about 4 years ago, you know where Obama was? Chicago, meeting with illegal immigrants. Not with our deployed troops as "W" did, but meeting with illegals. Amazing.
I'm gonna let this conversation go. You've made some good points, and stated your case well, but I still can't agree with you on this.
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