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Mitt Romney warns of harmful consequences for American consumers if Trump imposes tariffs on Mexico
The Salt Lake Tribune ^ | June 1, 2019 | Thomas Burr

Posted on 06/02/2019 12:04:17 PM PDT by Trump20162020

Sen. Mitt Romney warned Friday that President Donald Trump’s proposed tariffs against Mexico were the wrong approach and could harm Americans more than they help curtail illegal immigration.

“A tariff targeting Mexico that negatively impacts our own interests will only end in a waiting game of increasingly harmful consequence to the American people,” Romney said.

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


TOPICS: Business/Economy; Foreign Affairs; Government; Mexico; US: Massachusetts; US: Michigan; US: Minnesota; US: Utah
KEYWORDS: backstabberromney; benedictromney; bishopromney; boycott; boycotts; freetrade; freetraitor; freetraitors; ilhanomar; judasromney; massachusetts; mexico; michigan; miltromley; minnesota; mittromney; mittwit; protectionism; rashidatlaib; rino; romney; romneycare; romneymarriage; romneypolygamy; sanctions; sengaymarriage; senromneycare; slickwillard; tariff; tariffs; trade; utah; vidkunromney; willard
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To: skimbell

Yeah, that second four years of 0 wasn’t that bad.“

If Mitt has won, he’d still be president. We’d never have gotten trump


81 posted on 06/02/2019 1:01:29 PM PDT by rintintin (q)
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To: Trump20162020

Yea, avocados will go from 88 cent to 93 cents! The horror!


82 posted on 06/02/2019 1:01:31 PM PDT by Blood of Tyrants (Where does it say in the Constitution anyone is entitled to the property another has labored for?)
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To: Trump20162020

I think being taxed to pay for illegals is pretty dang harmful. And I think having illegals vote rats in so the benefits continue to flow is pretty dang harmful. And I think the overall lower IQ and the crime is pretty dang harmful.

Romney should STFU!


83 posted on 06/02/2019 1:01:32 PM PDT by Aria
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To: BenLurkin

To the tune of $155 BILLION a year!


84 posted on 06/02/2019 1:02:11 PM PDT by Blood of Tyrants (Where does it say in the Constitution anyone is entitled to the property another has labored for?)
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To: rintintin

You match my voting history precisely!


85 posted on 06/02/2019 1:02:37 PM PDT by Alberta's Child ("Knowledge makes a man unfit to be a slave." -- Frederick Douglass)
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To: Trump20162020

Casas Grandes —what will be the impact?


86 posted on 06/02/2019 1:03:06 PM PDT by ptsal
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To: Trump20162020

If Mitt thinks its all wrong, then I’m all for it.


87 posted on 06/02/2019 1:05:19 PM PDT by Starboard
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To: Trump20162020

Romney has proven to be a real Ahole since he threw the 2012 election
(Obama said he realized he would lose and was already packing up his krap to vacate the White House, when Romney started throwing the election)


88 posted on 06/02/2019 1:07:08 PM PDT by faithhopecharity ( “Politicians are not born; they are excreted.” Marcus Tullius Cicero (106 to 43 BCE))
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To: Trump20162020

My dog was right about Mitt.

Mitt is a Mutt.

Utah would have elected Charles Manson if had been a Norman.

Spit.


89 posted on 06/02/2019 1:08:15 PM PDT by hadaclueonce ( This time I am Deplorable)
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To: central_va

Having to pay 1.25 instead of 1.00 for an avocado is not really a deathly threat to humanity.
***********************************

It not even that. Your example allows for a 25% increase at the retail level but that’s not how it works.

Tarrifs are levied on the importer. An Avocodo, using your example might cost the importer $.25 so the 25% is levied on that price and amountent to about $.06. This 6 cents will not easily be accepted by the wholesaler who buys from the importer and will in part be absorbed each of them. Let’s say the wholesaler agrees to pay half of the 6 cents making the cost to the wholesaler 50 cents plus the 3 cents tariff.

Next hr wholesaler tells the retailer the cost of Avocados has gone up 3 cents due to tariff increases. The taler says, “hell no, I won’t pay”. The wholesaler knows he can’t sit on the avocado forever so thy split the 3 cents. The retailer figures his markup at 150% on the increased cost to him of 51.5 cents instead of 50 cents. So his new retail price becomes about $1.27 instead of $1.25 and that is assuming he even bothers to raise his price considering the competition around him.

Many are frightened by the 25% number and are not familiar with the process of the assigning of tariffs to the product.

A shirt selling for 10 dollars and made in China may cost the importer about $1.50 landed in which case the 25% tariff amounts to just under 40 cents per shirt. Sure in huge lots this amounts to some money but on the retail level even IF passed along dollar for dollar the retail price is barely effected.


90 posted on 06/02/2019 1:09:51 PM PDT by billyboy15
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To: mplc51

Got a link to that?


91 posted on 06/02/2019 1:11:42 PM PDT by Blue Highway
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To: rintintin

You were far ahead of the game.


92 posted on 06/02/2019 1:12:08 PM PDT by OKSooner (Shoot the coyotes.)
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To: Trump20162020

When McCain finally beamed out, this worthless POS weaseled his way in to be the new resident idiot.

I’m so sick of ignorance.


93 posted on 06/02/2019 1:13:25 PM PDT by DoughtyOne (Can I get a shout out for the person(s) who donated $2,000.00 from France? Thanks so much! Wow!)
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To: Trump20162020

Romney must have gotten a message from Kolob written on gold plates...


94 posted on 06/02/2019 1:15:53 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Trump20162020

Shut up, Mutt! You’re nothing but a skidmark on Utah’s magic underwear.


95 posted on 06/02/2019 1:16:31 PM PDT by TigersEye (This is the age of the death of reason.)
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To: DoughtyOne

I can’t believe I ever voted for Rancid Romney, way back when.


96 posted on 06/02/2019 1:16:36 PM PDT by Kalamata (Pt 3: https://www.youtube.com/watch?v=5yC2EoEGl20&list=PLrCQerz2L0If_VT4tw73RjhG5tBjdZfZy&index=3)
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To: Trump20162020

I am more worried about the imposition of Mitt Romney on the Republican Party than the imposition of tariffs by Trump on Mexico.


97 posted on 06/02/2019 1:16:50 PM PDT by mostly_lies
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To: Trump20162020

I question just who Mitt Romney is loyal to. Who are his constituents? It does not appear he is serving American “consumers” or citizens. Is it Mexico? The Mormon Faith? The “Chamber of Commerce”? All of the above? Or is he just playing the role of the “Anti-Trump”, setting himself up as the spoiler in 2020?


98 posted on 06/02/2019 1:18:44 PM PDT by ETCM
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To: Trump20162020
Tell it to the Angel Moms Romney, you unabashed fool.
99 posted on 06/02/2019 1:18:59 PM PDT by Vision (Obama corrupted, sought to weaken and fundamentally change America; he didn't plan on being stopped.)
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To: Trump20162020

The only harmful consequence I’ve seen lately is YOU.....MUTT ROMNEY!! Thanks Utah!.......grrrr


100 posted on 06/02/2019 1:23:17 PM PDT by Dawgreg
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