> Mexico tarrifs
I don’t see a losing angle here. If we have a trade defecit with them they lose. I’m betting I can work around any price increases pretty easily. It will also further encourage US companies to move back.
Will Mexico do the right thing? I don’t have the answer.
-SB
gisd O
It will be interesting to see what Mexico does. It will not be easy for them to stop the migration even if the government in Mexico City wants that. There are people at every level of the industry (which is what it is) that take money from the migrants, from the south of the country, along the trains and roadways, at each stop along the way. Border agents, cops, guides, cartels, all are involved, and there is big money going to the leaders of Mexico, too. Maybe not the President, but possibly. If not him, certainly a significant number of the elite governing class.
It will be interesting to see whether the pain inflicted by tariffs is sufficient to overcome the entrenched interests in continuing immigration, and if it is sufficient, at what point. Personally, I don’t care. If they let it go to 25%, we will collect a bunch of revenue for the wall, and then either increase it or deploy the military or something else. Trump is telling the world and our nation that he is going to get this done, regardless, and his voters will be loyal.
Around here the dairies are just holding on and I heard that one was getting his feed from Mexico, exclusively.
I live near a small border crossing and there are 100s of trucks a day while our farmers languish.
They are highly subsidized and their labor costs 1/4 of what we pay. Of course, they haven’t regulated them to death either.
> Mexico tarrifs
I don’t see a losing angle here. If we have a trade defecit with them they lose. I’m betting I can work around any price increases pretty easily. It will also further encourage US companies to move back.
Will Mexico do the right thing? I don’t have the answer.
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I don’t have the answer either. But I do know this: I work for a fairly large company that has at least two manufacturing sites in Mexico, and it wouldn’t surprise me to learn if there are more. The CEO and Board were already squealing like mashed cats when this very recent Trump/China tariff deal went down. (We source a LOT from China, too.) I can assure you these Mexico tariff proposals will REALLY get them to wail and gnash their teeth even more.
I could never see the full economic sense of dealing with communication difficulty, production, QC and shipping in a cross-border set up. Surely the overall benefits of a better product made HERE would offset the savings (if there are any) realized by stuff being made in Mexico.
And another thing my sneaky-Pete company does/did: our building cleaning service is staffed with folks of more-than-obvious Latino heritage. When Barko was in office the cleaning staff would appear and begin their rounds about five minutes before our quit time. The staffing make up was plain to see. When Trump took office, the cleaning staff show-up time was bumped to 15 minutes AFTER our quit time. Trying to fly under the radar? Not as many eyes to see what going on at 6:15 PM?
It’s not very self-serving, but I hope our company gets hammered by the tariffs. I’m near done here anyway and close to pulling a Chrissy Hines Back to Ohio.