Posted on 06/10/2019 8:25:29 AM PDT by Innovative
Tariffs, like most other forms of taxation, dont have an immediate visible impact on the salaried employee classes. Therefore, those people feel such taxes can be imposed with impunity to achieve desired social goals.
Do your own research. I saw yesterday AND today where accts of those funding caravans have been frozen and where thousands of illegal wannabees enroute have ALREADY been turned back. I wasn’t even looking for it and and saw it.
From Axios (Jonathan Swan):
“President Trump has threatened and bludgeoned his way into an unwanted confrontation with the U.S. business community that could have far-reaching implications for the future of presidential power over trade.
“Driving the news: Trump’s blunt use of presidential leverage to force the Mexican government to harden its immigration enforcement appears to have caused an unintended side effect: U.S. business leaders have begun urgently discussing strategies to claw back the virtually unchecked trade powers that Congress has handed over to presidents during the past 80 years.
“The big picture: Even though the business community is now breathing a sigh of relief that Trump won’t be hitting Mexico with new tariffs, the last week of Trump’s threats may have a longer lasting effect, according to industry sources who have met with corporate representatives in Washington, leaders of business associations, administration officials, members of Congress and their senior staff.
“Trump’s threat to impose rising tariffs on all Mexican goods to punish the Mexican government for soft immigration enforcement sparked a widespread panic in the U.S. business community and turned their conversations in an unprecedented direction, these sources said.
“John Murphy, who runs international policy at the Chamber of Commerce, tweeted, “In the space of a few hours ... more than 140 business and agricultural associations signed this statement opposing tariffs on goods from Mexico.”
“Maybe folks in the White House don’t know this, but they freaked out a lot of people,” a trade lawyer involved in these conversations told me.
“This is a real turning point because this is threatening tariffs using an emergency power,” said another top industry source involved. “That’s never been done before. Part of the resources that we want to direct our advocacy to ... is for Congress to take back authority over tariffs.”
“We can get back on USMCA and try to pass the thing and we can all be hunky-dory, but I think you’re going to see a longer term business community effort to help Congress reassert its authority on tariffs.”
“Legislation could go so far as requiring congressional approval of most presidential trade actions. (We’re already seeing some efforts along these lines, led by Republican Sens. Chuck Grassley and Pat Toomey.)
“Behind the scenes: Before Trump called off his tariffs on Friday night, a loose coalition of organizations supporting Trump’s renegotiated NAFTA, the United StatesMexicoCanada Agreement, were discussing halting a multimillion-dollar campaign to support the passage of USMCA.
“Instead, these business lobby groups and leaders of large corporations were discussing redirecting their money toward opposing Trump’s tariffs and potentially to support efforts to claw back the president’s trade powers, according to sources familiar with their internal discussions.
“They will now return to funding a USMCA campaign, but the past week has shown them that they need to finally get serious about stopping this president and future presidents from unilaterally raising tariffs.
“Why it matters: Trump can only credibly threaten foreign countries with abrupt tariffs because Congress has gradually given away its trade powers. Opponents of this trend say it’s unconstitutional because taxing and commerce authority lies with Congress (as expressed in Article 1 of the Constitution).
“Until fairly recently, only a wonky fringe in Washington cared about this issue. Few paid attention when Republican Sen. Mike Lee introduced legislation in early 2017 to “subject all executive branch trade actions (including raising tariffs) to congressional approval.”
“The bottom line: Over the past week, these previously fringy conversations entered the mainstream. Watch for a long-term, well-funded campaign to peel trade powers away from the president.”
Careful, you are making sense. Folks around here don’t like that.
I had no idea why any Mexican diplomats came here in the first place. Border agents should have been the only people Trump consulted after announcing potential tariffs. As long as illegals are still coming, the tariffs live and grow. Anything else makes this a bluff to me.
Skepticism is a healthy thing, especially when considering anything that Mexico (a state run by drug cartels) says or promises to do.
Remember Reagan’s advice: “trust but verify”.
That statement is 180 degrees bassackward. Tariffs are an optional consumption based tax and effects all equally and those effects are immediate as soon as the new price is passed on. They are in no way progressive. The drug dealer and the church pastor pay the same tariff. Nobody escapes WHICH IS A GOOD THING.
news source :
https://www.dailymail.co.uk/news/article-2271455/Revealed-How-immigrants-America-sending-120-BILLION-struggling-families-home.html
"Migrants working in the United States sent a staggering $120 billion back to their families last year, it was revealed today.
The amount of money being sent by migrants across the entire world ..".
If not approved by Mexican legislature, assess the cash transference tax at 10 %..
and then increase by 10% for each month thereafter...
That will get their attention !!
Do your own research. I saw yesterday...
*******************************************************
Yesterday was a beautiful Sunday where I was. Had a great day with family and friends by the pool and eating great food all day. Then came home to watch the Bruins force a game seven. What a fool given that I could’ve been here arguing with simpleton’s like you.
The rest of the world uses those tariffs against us daily. You display the typical American ignorance regarding tariffs. Foolishness. Tariffs great great!!!
while also warning that if Mexico’s legislature does not approve the pact, he will move anew to impose tariffs.
Here’s something for ya sparky...it is obvious you now know you shot your mouth off before knowing what you were talking about as I have decisively proven. Your only response is to resort to calling me a simpleton?
Let’s get this straight. You either don’t know how to access info on the web or are to lazy to do so. This is an aspect of being a never Trumper and now we all know what you’re all about.
You outed yourself and then call ME a simpleton?
Back to DU and MSNBC for you.
If this agreement survives the Mexican legislature and American open-border challenges in US court - that provision puts it all in Trumps hands irrespective of Mexico's cheating on the other provisions.
“The rest of the world uses those tariffs against us daily. You display the typical American ignorance regarding tariffs. Foolishness. Tariffs great great!!!”
What on earth did that have to do with what I said?
Guns are great. They are also not toys.
Drudge never headlined the deal and today he has a headline that illegals are mocking the Trump deal. How sad and evil.
“THE US IS ALLOWED TURN THEM AROUND AT THE BORDER BACK INTO MEXICO.”
But once they set foot on US soil, US law says we cannot.
They will need a 2/3 super majority in BOTH houses of Congress to take back that power.
Pay attention. You are behind at least 3 days. Wake up or shut up.
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