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He said he will impose a tax on Mexican imports and use the proceeds to pay for the wall - That sounds on track.
by jondubois 10y ago
He said he will impose a tax on Mexican imports and use the proceeds to pay for the wall - That sounds on track.
- _delirium 10y agoA 20% import tariff was floated, but was fairly quickly walked back after a cold reception from the Texas GOP delegation and strong opposition from the Texas Association of Business (Texas does a lot of import/export business with Mexico). Now they're looking into unspecified other mechanisms.
- vacri 10y agoWell, it's not making Mexicans pay for it, but Americans. As for his other promises, I'm also not sure how he's going to manage to massively increase the defense forces while basically halving taxes.
- celticninja 10y agoYou understand that the tax will be passed on to US consumers via higher prices right?
- coldtea 10y agoYou understand that this is no rule of nature, right? It's not like Mexico is the only source of some goods. Or that they can't make concessions (and assume the extra hit on their own margins) if their sales drop. Or tens of other factors and outcomes.
- celticninja 10y agoI do understand that, however it seems unlikely at the moment that they will choose that option.