Much better than tariffs, which would hurt innocent Americans as well as the Mexicans. For Buchannanites who keep arguing that tariffs would not hurt Americans, the stock market provides evidence to the contrary.
“tariffs, which would hurt innocent Americans”
Tariffs could be offset by raising the basic income tax threshold (and lowering the second lowest income tax rate threshold).
Try finding any leading Democrat that says income taxation hurts significant numbers of Americans.
Tariffs hurt less than income taxation. Income tax must be paid regardless of your financial predicament.
If you can afford a brand new car ($20,000+) with Mexican parts, you can afford to pay Uncle Sam some money indirectly. And if you can’t, explain to your dealer why you need a dealer discount. No car dealer wants you to take the bus.
The Mexican government will probably act to prevent Central Americans from stealing the US-based jobs Mexicans stole if given any sort of inducement to do so. Let Trump get a deal.