Tariffs
Comments
-
I’ll add that much of the US political class has had no reason to help Mexico’s economy, as a large chunk of their campaign money and perks come from global corporations who have almost no interest in anything other than cheap labor to make their products. Legitimate companies in the USA, like mine, pay good wages to our plant workers and in return expect excellent products.
-
I think the 10% on China will magically end much of the fentanyl production and smuggling done by the Chinese. The Canada and Mexico 25% I'm actually shocked by. I thought he would saber rattle for a few months to get leverage. But as shocking as it is, I trust that he knows business and knows what he is doing. We shall see.
-
When you think about it, the “we need lower-wage uneducated illegal alien Hispanics to mow our lawns and clean our toilets” argument is a wild take from an objective perspective, especially since it’s almost all from well-off whites.
Taxed guest-workers for harvest are common, so I don’t include those workers.
-
Not sure the China one is going to change their behavior. Canada and Mexico will submit to Daddy pretty quickly though.
-
The ostensible reason for the tariffs is to stop drug traffic and illegal immigration. There is a cause and effect breakdown here. A tax on a goofy place like Mexico with the cartels running things is not likely to work for the drug trade. Watch the movie "Traffic." What does stop the drug trade? I suppose if you went full Singapore and hang people. But short of that I don't see much happening even if tariffs were 100% 200%…. what stops drugs?
-
As far as immigration goes, Mr Trump said he'd build a wall and Mexico would pay for it. However now he says the tariffs YOU pay for will induce Mexico to stop illegal immigration. But how does that happen? He does not say.
-
We are at a trade disadvantage with Mexico, in particular, and to a lesser extent, but still a disadvantage, to Canada.
So it appears you didn’t want to have an actual conversation on restructuring CUSMA and instead somehow tied it to drugs coming from Mexico.
You know what stops drugs from Mexico? Real border enforcement. Leavitt mentioned drugs as a shiny to use this as an incentive to curtail immigration, but for me, this is the real problem.
The U.S. trade deficit with Canada has surged from $31 billion in 2019 to $72 billion in 2023, largely reflecting growing American imports of Canadian energy. Over that same period, the gap with Mexico has grown from $106 billion in 2019 to $161 billion as the U.S. curtails imports from China and brings more electronic items, shoes and other products from south of the border.
-
We should tariff China to destroy their economy and to decouple ours from one that is doomed for failure.
No deal they make should ever be viewed as anything but deception.
-
Smart bombs and special forces will stop the cartels. They're now designated terrorist organizations and we're going to wipe them out.
-
Well, the Israelis got rid of Hamas in Gaza and we eliminated the Taliban in Afghanistan. Last I heard the American installed government in South Vietnam is still doing great. The US has no stomach for another multi-year half assed war with a large civilian casualty number. Mexicans will come across the border in the tens of millions to flee the carnage. Build the wall and I agree with some relatively small action take out of the Cartel leaders ops, but it ain't going to be a wipeout. Cut their money supply with getting the human trafficking and drug trade down to a fraction of what it is today. Hamstring the Mexican banks who handle the tens of billions the cartel is taking in each year.
