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Mexico slaps tariffs on US products in dispute [McCain expresses regret]
AFP ^ | 2009-03-16

Posted on 03/16/2009 3:54:30 PM PDT by rabscuttle385

MEXICO CITY (AFP) — Mexico on Monday said it would place tariffs on nearly 90 US products after Washington canceled a program that allowed some trucks from Mexico to operate in the United States.

There is to be an "increase in customs duty on almost 90 industrial and agricultural products," Economy Minister Gerardo Ruiz Mateos said in a statement.

Ruiz said the increase would represent some 2.4 billion dollars, but did not name the products.

. . . . .

The move drew a sharp rebuke from US Senator John McCain, who said he regretted Mexico's decision and also lashed out at US President Barack Obama and lawmakers for backing "protectionist" policies.

"I deeply regret the action taken by the Mexican government and the harm it may cause to American businesses," said McCain, who lost his bid for the presidency in 2008 to Obama.

"Unfortunately, this is a predictable reaction by the Mexican government to a policy that now puts the United States in clear violation of the North American Free Trade Agreement," he added.

"We must take steps to prevent escalation of further protectionist measures -- actions that only serve to harm American business during these tough economic times when these businesses need a worldwide marketplace to prosper."

(Excerpt) Read more at google.com ...


TOPICS: Business/Economy; Foreign Affairs; Mexico
KEYWORDS: 111th; aliens; bho2009; bho44; mccain; mccaintruthfile; mexicantrucks; mexico; nafta; tariffs; tradewars; truckers; trucks
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To: Mase

It ain’t all about that. They have sense enough to know that you don’t destroy cornerstone domestic industries. What interest do they have in importing competition for Sony, Toyota, their shipbuilding industry, thier farmers.

And their stagnation decade has almost NOTHING to do with their protectionism. It was a real estate and financial policy failure.


121 posted on 03/16/2009 6:53:31 PM PDT by DesertRhino (Dogs earn the title of "man's best friend", Muslims hate dogs,,add that up.)
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To: OafOfOffice

The Mexican truck pilot program was suppose to be just that, a pilot program that was to have expired during the last Bush term, but he refused to terminate it. Probably as a favor to the large U.S. trucking companies that were hoping to use this program as an example for hiring Mexican truck drivers, for work in the U.S., at a much lower rate of pay. This would have allowed the companies to make a larger profit, at the expense of the U.S. drivers who would have been let go. U.S. companies expect and demand loyalty from their employees but will cut the employees throat, in a minute, for more profit.

Congress then passed legislation that de-funded the program and forbad use of Federal money to continue the program, in part, to protect U.S. truck drivers jobs.


122 posted on 03/16/2009 6:54:33 PM PDT by topsail
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To: Mase; 1rudeboy

The term trade deficit is a Marxist class warfare term. It is meant to create just the kind of foolishness we are arguing about here.

You cannot have a trade deficit. By definition any trade without coercion is beneficial to both parties.

My “trade deficit” with my grocer, car dealer and local hotdog stand are enormous. Those jerks never bought a thing from me, but I am happy and so are they.

We is the loss. Let’s keep ‘splaining it to them, OK?


123 posted on 03/16/2009 6:55:25 PM PDT by 1010RD (First Do No Harm)
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To: pissant

In what way is the trade with China “staggeringly retarded “?

This is a serious question.


124 posted on 03/16/2009 6:56:58 PM PDT by 1010RD (First Do No Harm)
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To: Syncro

Is the issue fear of Mexico, Mexicans, or something else?


125 posted on 03/16/2009 6:58:03 PM PDT by 1010RD (First Do No Harm)
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To: 1010RD

We have allowed a communist enemy to go from ass backwards hell hole to having one of the most lethal militaries on the planet.


126 posted on 03/16/2009 6:58:22 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: topsail

Thank you, Mr. Biden.


127 posted on 03/16/2009 6:59:27 PM PDT by 1rudeboy
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To: pissant

Is your issue with Mexicans specifically? Or is it with the Welfare state?

It would appear that most people are concerned with the abuse of the welfare system imposed upon us by government. That part is very unfair, no?

Illegal immigration would not be so bad if prisoners had to pay their way and cover the costs of prison and bums would not have access to our money to cover their inability to manage their own lives.


128 posted on 03/16/2009 7:00:50 PM PDT by 1010RD (First Do No Harm)
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To: DesertRhino

You are right. The name calling is totally inappropriate.


129 posted on 03/16/2009 7:01:17 PM PDT by 1010RD (First Do No Harm)
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To: 1010RD

Even our founders were not “fierce free traders”. They funded the nearly the entire government through tariffs. They also never placed foreign trade as the only holy route to liberty.

International “free trade” entanglements have put us on a rocket sled to the loss of national sovereignty. We have almost daily calls now for an international agency to regulate banking as a result of the AIG ans Subprime fraud.

Unregulated trade brought us the policy US taxpayer dollars being sent DIRECTLY to Germany and the UK. Unregulated commodity traders brought us 4 dollar gasoline.
Trade must always be subordinate to the interests of our nation.


130 posted on 03/16/2009 7:02:46 PM PDT by DesertRhino (Dogs earn the title of "man's best friend", Muslims hate dogs,,add that up.)
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To: 1rudeboy

Have you ever seen the Reagan library at Eureka College?


131 posted on 03/16/2009 7:03:10 PM PDT by Toddsterpatriot (Havoc has been back since September. Or was it April?)
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To: pissant
You are trumpeting Reagan as an unabashed free trader. Reagan was much wiser than that.

Given your statement you must think that trade can be managed, right?

Who would do it? Who is wise enough to do it? Trusted enough?

Was even Reagan that trustworthy and wise?

132 posted on 03/16/2009 7:03:19 PM PDT by 1010RD (First Do No Harm)
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To: 1010RD

I’ve found the econ threads on FR to be amusing for over a decade. It never lets up. Big Government conservatives are an interesting breed (and I’m out in the scrub watching with binoculars).


133 posted on 03/16/2009 7:04:22 PM PDT by 1rudeboy
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To: Doe Eyes

Yes. What is wrong with Mexican trucking companies or Mexican trucks?


134 posted on 03/16/2009 7:04:37 PM PDT by 1010RD (First Do No Harm)
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To: sybilll; admin
It wasn't necessary to remove that post unless you are particularly offended the the truth - and a photo that has been posted on FR about 5,000 times.

Sheesh!

135 posted on 03/16/2009 7:04:55 PM PDT by bill1952 (Power is an illusion created between those with power - and those without)
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To: DesertRhino
Unregulated commodity traders brought us 4 dollar gasoline.

Unregulated? You're being silly again.

136 posted on 03/16/2009 7:05:29 PM PDT by Toddsterpatriot (Havoc has been back since September. Or was it April?)
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To: cripplecreek

Does importing food harm our agricultural base? Are sugar tariffs making Americans richer or poorer?


137 posted on 03/16/2009 7:06:22 PM PDT by 1010RD (First Do No Harm)
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To: 1010RD

I’m not against mexicans. I’m against our policies of allowing unfettered illegal immigration. It just so happens that a huge proportion of illegals come across the S. border. Though mexican nationals are the majority, there are scads of chinese, s. americans, c. americans, arabs, etc that partake in the journey.

A country is not a country if it cannot control its borders. Of course, in additional to worthless National politicians, we had libtards like Rudy Giuliani and Mitt Romney and many others giving them aid and comfort in their sanctuary cities/states.


138 posted on 03/16/2009 7:07:55 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: Toddsterpatriot

No, I’ve only been to the one in Simi Valley (but I got to see some portions closed to the public).


139 posted on 03/16/2009 7:07:57 PM PDT by 1rudeboy
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To: 1rudeboy

Kinda silly, but they do have a chunk of the Berlin Wall.


140 posted on 03/16/2009 7:08:51 PM PDT by Toddsterpatriot (Havoc has been back since September. Or was it April?)
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