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Mexico hits US with $3 billion in retaliatory tariffs...
washingtonexaminer ^ | 6/6/2018 | Katelyn Caralle

Posted on 06/06/2018 6:50:24 AM PDT by caww

Mexico announced it would impose tariffs on $3 billion worth of U.S. products to retaliate against the Trump administration's tariffs on steel and aluminum imports from Mexico last week.......The import duties would be placed on products such as cheese, bourbon, and pork.

President Trump seeks to end three-way talks to renegotiate the North American Free Trade Agreement. Instead, National Economic Council Director Larry Kudlow said Trump wants to deal separately with Canada and Mexico to restructure NAFTA.

“His preference now — and he asked me to convey this — is to actually negotiate with Mexico and Canada separately,” Kudlow told "Fox and Friends." “He prefers bilateral negotiations.”

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


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1 posted on 06/06/2018 6:50:24 AM PDT by caww
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To: caww

Economic war between Mexico and the US? I won’t need a lot of popcorn for this one.


2 posted on 06/06/2018 6:51:40 AM PDT by ClearCase_guy
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To: caww

Yeah—Good luck with that.


3 posted on 06/06/2018 6:51:53 AM PDT by Arm_Bears (Hey, Rocky--Watch me pull a rabbit out of my hat!)
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To: Arm_Bears

What do we buy from Mexico?


4 posted on 06/06/2018 6:53:07 AM PDT by Jamestown1630 ("A Republic, if you can keep it.")
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To: caww

Of course, we could consider illegal aliens to be one of Mexico’s exports and charge a tariff on each illegal alien captured along the US-Mexico border - send the bill to the Government (such as it is) of Mexico.


5 posted on 06/06/2018 6:53:16 AM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: caww

Why are all these countries attacking our bourbon? Sheesh. They must really want their people to suffer.


6 posted on 06/06/2018 6:53:26 AM PDT by KyCats
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To: caww

Pop. Hahahahahaha


7 posted on 06/06/2018 6:53:27 AM PDT by albie
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To: ClearCase_guy

LOL! Good one.


8 posted on 06/06/2018 6:54:05 AM PDT by Starboard
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To: caww

Stop all money transfers to Mexico from anyone who isn’t able to prove legal residence and employment in the US.


9 posted on 06/06/2018 6:54:18 AM PDT by Rurudyne (Standup Philosopher)
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To: caww
The wall just got 10 feet taller

and . . . electronic transfers out of the US will receive a 25% assessment.

10 posted on 06/06/2018 6:54:23 AM PDT by Sgt_Schultze (When your business model depends on slave labor, you're always going to need more slaves.)
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To: Jamestown1630

Produce


11 posted on 06/06/2018 6:54:35 AM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you)
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To: Jamestown1630

Labor


12 posted on 06/06/2018 6:54:49 AM PDT by CatOwner
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To: Jamestown1630
What do we buy from Mexico?

The kids buy that Corona crap and pot, the pot isn't subjected to tariffs.

13 posted on 06/06/2018 6:55:11 AM PDT by 1Old Pro
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To: KyCats
By law, bourbon comes from Kentucky.
(KY) McConnell is the head of the Senate
This is supposed to be leverage to move McConnell against DJT.
14 posted on 06/06/2018 6:56:24 AM PDT by Sgt_Schultze (When your business model depends on slave labor, you're always going to need more slaves.)
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To: Rurudyne

“Stop all money transfers to Mexico from anyone who isn’t able to prove legal residence and employment in the US.”

I wish FR had a like/love button. I’d use it for your comment.


15 posted on 06/06/2018 6:56:27 AM PDT by gopheraj
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To: caww

Americans spend $2.4B/year on hot dogs alone.


16 posted on 06/06/2018 6:57:46 AM PDT by lurk
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To: caww

Sounds like NAFTA is on the way out.

In NAFTA, the US is one of three, like any other. In bilateral agreements, the US is the overwhelmingly more powerful.

The biggest problem with NAFTA, is that Mexico and Canada exploit it to take a small cut for letting China and others avoid US controls to dump their products into the US market. Free money for them; while US industries, workers and tax revenues bear all the burdens.


17 posted on 06/06/2018 6:58:05 AM PDT by BeauBo
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To: caww
I guess this proves the rest of out "trading partners" really don't believe in tariff free trade. LOL!

Like we needed more proof the rest of the world practices mercantilism and protectionism.

18 posted on 06/06/2018 6:58:15 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: KyCats

The “downside” of that would seem to be that there’s more bourbon available for the domestic market, presumably at lower prices due to greater domestic supply.

#MAGA #WINNING !


19 posted on 06/06/2018 7:01:49 AM PDT by FreedomPoster (Islam delenda est)
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To: Jamestown1630

What do we buy from Mexico?

***********

Apparently a lot of non legals.


20 posted on 06/06/2018 7:02:38 AM PDT by deport
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