BREAKING NEWS: Trump proposes 20% tax on imports from Mexico to pay for wall

[SassyIrishLass]

Looks like it's in the planning stages

http://nypost.com/2017/01/26/trump-wants-20-percent-import-tax-to-pay-for-mexico-wall/

It's in the throw-it-out-there and see flamefest brew, then proceed to say nvmnd,

Will never happen.

Yeah....like you all claimed Trump being POTUS would never happen...

 

[toomuchtime_]

So the $20,000 Ford you buy that was assembled in Mexico will now cost you $24,000

That will show those Mexicans

lol It means that if this becomes law, Ford will have to assemble the cars in the US or lose market share.

 

[Tank]

I would like to think that you are right.

Be brave Tanto

 

[g5000]

You know, Trump can't just impose taxes on other countries all by himself. He still has to get Congress to pass a bill that does as much.

You Trump supporters are being duped.

Actually, the President can impose tariffs on a country without Congress.

 

[TheOldSchool]

So the $20,000 Ford you buy that was assembled in Mexico will now cost you $24,000

That will show those Mexicans

lol It means that if this becomes law, Ford will have to assemble the cars in the US or lose market share.

And sell the car for $30,000.

They'll probably just stop making it and Mexico and the U.S. will lose jobs. Trump's scorched earth policy right there.

 

[SassyIrishLass]

Trump is going to crash the stock of Walmart, Target, and a host of other retailers.

They are already falling on this news.

Good job, Trump!

Walmart is unchanged in after hours. Target is up .43....you were saying?

KMart is just a hound with fleas

 

[TyroneSlothrop]

So the $20,000 Ford you buy that was assembled in Mexico will now cost you $24,000

That will show those Mexicans

and the Ford dealerships in the US and their employees ...we gonna build us a Big Old Wall ...Increible...we are gonna be eating Barbecued Iguana s not from from Tijuana

 

[toomuchtime_]

Trump is going to crash the stock of Walmart, Target, and a host of other retailers.

They are already falling on this news.

Good job, Trump!

I think the latest poll showed only about 15% of Americans trust the MSM now, so most people will wait to hear from the President on this matter.

 

[P@triot]

Man...Trump getting it done! He's delivering on more promises than any president we've seen since 1990.

 

[g5000]

So the $20,000 Ford you buy that was assembled in Mexico will now cost you $24,000

That will show those Mexicans

lol It means that if this becomes law, Ford will have to assemble the cars in the US or lose market share.

And why do you think Ford makes those cars in Mexico?

Because it costs more to make them here.

The price of cars will go up if they are forced to make them here.

Good job, Trump!

 

[ABikerSailor]

You know, Trump can't just impose taxes on other countries all by himself. He still has to get Congress to pass a bill that does as much.

You Trump supporters are being duped.

Actually, the President can impose tariffs on a country without Congress.

Link please? I've always been of the understanding that for taxes and tariffs, it had to be passed by the Senate to become law.

 

[g5000]

Watch.

The retailers are going to come out full force against Trump.

 

[P@triot]

So the $20,000 Ford you buy that was assembled in Mexico will now cost you $24,000

That will show those Mexicans

So first you cry like a little bitch about failed progressive policies sending jobs over seas 24x7 - and when Trump corrects that and keeps jobs here, you whine about a measly $4k on a $20k item. Damn are you desperate for something to pin on Trump

 

[Missourian]

Watch Mexico do the same to us...

Trade war is coming.

They need us...we don't need them. Your party wanted to stop Mexican Trucks at the border (and I agreed with them). But Mexico used tariffs to force Obama into capitulation...U.S. and Mexico Sign Cross-Border Trucking Deal...and nobody complained.

House Speaker Nancy Pelosi cast doubt Friday on the possibility that Congress would revive a program that allows Mexican truckers to operate in the U.S.

Congress killed the program last month, prompting Mexico to hike tariffs on about 90 U.S. imports including produce, red wine and consumer goods.

Pelosi sees Mexican truck program’s revival as unlikely

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Mexico imposes retaliatory tariffs on U.S. goods in response to suspension of NAFTA trucking program

June 2009
Overview

The Mexican government recently imposed import tariffs on $2.4 billion of U.S. goods after the United States suspended a program allowing Mexican trucks to deliver goods across the border. When the U.S. closed the southern border to Mexican trucking in March, Mexico promised to retaliate. Mexico has released a list of 89 U.S. products that will face tariffs of 10 percent to 45 percent.

Mexico imposes retaliatory tariffs on U.S. goods in response to suspension of NAFTA trucking program – Client Alert – Wilson Elser​

So please...spare me your bellyaching.

​

 

[Meathead]

If Mexico loses US markets their economy sinks. There are not a lot of takers who can afford their up-scale products. China doesn't want them and Venezuela can't afford them.

 

[guno]

BREAKING NEWS: Now Trump has slapped a 20% tax on all imports from Mexico to pay for the border wall. Does that include his stuff made in Mexico?

White House press secretary says border wall will be funded by 20 percent import tax on Mexican goods

This is going to be fun as mexico buys 40 percent of their imports from the US , they can stop all American goods and say F/U orange turd and the rubes that will be put out of work making the exports

 

[toomuchtime_]

So the $20,000 Ford you buy that was assembled in Mexico will now cost you $24,000

That will show those Mexicans

lol It means that if this becomes law, Ford will have to assemble the cars in the US or lose market share.

And sell the car for $30,000.

They'll probably just stop making it and Mexico and the U.S. will lose jobs. Trump's scorched earth policy right there.

Use your head, Ford can't raise prices without losing market share. Business is optimistic about President Trump because he is promising to cut corporate taxes and lowering unnecessary regulations so that Ford and other companies can move their facilities back here without having to raise prices.

 

[there4eyeM]

So the $20,000 Ford you buy that was assembled in Mexico will now cost you $24,000

That will show those Mexicans

lol It means that if this becomes law, Ford will have to assemble the cars in the US or lose market share.

Then, what happens to the financing of "The Wall"?

 

[TheOldSchool]

If Mexico loses US markets their economy sinks. There are not a lot of takers who can afford their up-scale products. China doesn't want them and Venezuela can't afford them.

That will really stop people from trying to cross the border.

 

[g5000]

You know, Trump can't just impose taxes on other countries all by himself. He still has to get Congress to pass a bill that does as much.

You Trump supporters are being duped.

Actually, the President can impose tariffs on a country without Congress.

Link please? I've always been of the understanding that for taxes and tariffs, it had to be passed by the Senate to become law.

President Trump can levy tariffs without Congress

https://piie.com/system/files/documents/piieb16-6.pdf

https://www.nytimes.com/2016/09/20/...rt-a-trade-war-with-surprising-ease.html?_r=0