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Minor Deity![]() |
Trump said today he wants to impose 5% tariff on all goods imported from Mexico, effective June 10, and will increase by 5% on the first of each month until Mexico gets the immigration issue at the US-Mexico order under control (whatever that means). Forget NAFTA, forget USMCA. Trump invoked some “national emergency” power to impose this tariff. https://www.washingtonpost.com...4105f7ca0_story.html
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Has Achieved Nirvana![]() |
This doesn’t sound like a very good idea.
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"I've got morons on my team." Mitt Romney Minor Deity ![]() |
No president should be able to do this using loopholes and provisions of the law designed for wholly different purposes. The trade rules that we set up for the world in 1946 call for non-discrimination. | |||
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Pinta & the Santa Maria Has Achieved Nirvana ![]() |
I mean, it's not like we do much trade with Mexico.... ![]() "Mexico was the United States' 2nd largest supplier of goods imports in 2018. U.S. goods imports from Mexico totaled $346.5 billion in 2018, up 10.3% ($32.3 billion) from 2017, and up 60.5% from 2008. U.S. imports from Mexico are up 768% from 1993 (pre-NAFTA). U.S. imports from Mexico account for 13.6% of overall U.S. imports in 2018. The top import categories (2-digit HS) in 2018 were: vehicles ($93 billion), electrical machinery ($64 billion), machinery ($63 billion), mineral fuels ($16 billion), and optical and medical instruments ($15 billion). U.S. total imports of agricultural products from Mexico totaled $26 billion in 2018, our largest supplier of agricultural imports. Leading categories include: fresh vegetables ($5.9 billion), other fresh fruit ($5.8 billion), wine and beer ($3.6 billion), snack foods ($2.2 billion), and processed fruit & vegetables ($1.7 billion)." Office of the United State Trade Representative Get ready for big spikes in the cost of food if this goes through--especially given all the flooding in the midwest (caused by those non-climate-change-caused tornadoes ![]() | |||
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Minor Deity![]() |
Punishing US once again...we pay for tariff imposed. And how does M stop people from walking? And why should they?
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Has Achieved Nirvana![]() |
If Trump's job is to f this country up, he is doing a splendid job. Putin must be proud.
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Has Achieved Nirvana![]() |
Better stock up on tequila and your favorite cerveza.
https://www.cnbc.com/2019/05/3...-could-cost-you.html
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Has Achieved Nirvana![]() |
I sure wish I still had a house with an Avocado tree in the yard. Probably doesn't make sense to plant one now.
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Has Achieved Nirvana![]() |
TDS seems to have stricken the US Chamber of Commerce:
Maybe it's worth paying more for avocados if I-1's Mexican tariffs piss off a bunch of people in battleground states:
https://www.bloomberg.com/news...s-2020-battlegrounds
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Has Achieved Nirvana![]() |
If you’re gonna keep electing Republicans you have to be willing to pay for it. There is nothing new here.
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Minor Deity![]() |
Trump has already offered government subsidies, twice, to farmers affected by retaliatory tariffs. What's to say Trump won't offer more government subsidies to these affected voting blocs?
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Pinta & the Santa Maria Has Achieved Nirvana ![]() |
I'm wondering whether people really understand how much fresh produce we see in our stores comes from Mexico. Hint: it ain't just avocados. | |||
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(self-titled) semi-posting lurker Minor Deity ![]() |
This. I don’t think most people have any idea. I kind of sort of have an idea, but I’m sure there are a lot more things from Mexico than I realize. Mr SK and I were just talking about how this could have a huge affect on us at the grocery store.
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Has Achieved Nirvana![]() |
https://www.npr.org/2019/06/03...n-of-counter-tariffs
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