Mr. Trump, in his Fortress America mind, says businesses could merely move to the U.S. to avoid the tariffs. But that would impose enormous transition costs and take years to execute. Many exporters would move out of North America. Meantime, Texas imported $107 billion in goods from Mexico in 2018, and a 5% tariff would impose a $5.4 billion tax. A 25% tariff would mean $27 billion in border taxes.
Or Mexico could control its border. Seems a lot easier.
11 posted on 06/01/2019 4:01:29 AM PDT by Sooth2222
("Every nation gets the government it deserves." -Joseph de Maistre)