Does this include any on money sent to Mexico from “workers” here?
Do it! Do it! Do it!
The Great White North just got a little more expensive, eh Castro Jr?
Need 50% (or more!) tariffs on PRC produced items!
No more Mexican maple syrup
I would prefer if the tariffs coincided with offsetting income tax deductions.
On the other hand, this may be a way to get them to the table to negotiate the border.
There is a parade of some 20 thousand in southern Mexico heading north right now.
And not one attempt by Mexico to stop them.
Invade that SOB country and carve out a huge chunk to put these border jumpers. That government is making big money off from illegal immigration through the cartels.
If some progress happens he can hold up for another 30 days. It will be Trump’s call on the progress and the response.
And enforce the I-9 regulations. Almost like rules apply to everyone. And nobody is above the law.
I don’t see the justification for tariffs on Canadian stuff.
I’m in favor of financially balanced trade by tariffs initially, then domestic production requirements and a blocked currency.
The tariffs might be based on:
1. product necessity [0% (drug, raw material, industrial level component of product with no domestic source) total, or 10%],
2. industry wage differential [0-20%, 2% per dollar, as estimated by Secretary of Commerce, levied if country not poor],
3. latest 12-month cash flow imbalance computation [by percent, 0-10% all country, 0-20% source country industrialized],
4. 12-month exchange rate change by country [proportional to 10%, up to 10% reduction, but to not less than 10% tariff],
5. domestic producer profitability [percentage less than 10%; excess above 10%, up to 5% reduction, but to not less than 10% tariff], and
6. trade imbalance [0-20%] with a country.
Cool, that’ll up the price on Fender guitars which means I could quite possibly get betters deals offloading some of the shelf stock I have laying around here.