Trump’s Plan For The Wall On The Mexican Border Materializes

Discussion in 'Current Events' started by Steve N, Nov 12, 2016.

  1. tsuke

    tsuke Well-Known Member

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    no sane person believes mexico will hand over a blank check before the project begins. Hell thats not even how regular government contracts work (you get your money by tranche) we believe that it will be extracted from them over time.
     
  2. The Mello Guy

    The Mello Guy Well-Known Member

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    How do you "take it out of trade deficits"?
     
  3. Wehrwolfen

    Wehrwolfen Well-Known Member Past Donor

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    Import taxes affect the seller not the buyer. Just as those taxes effect our exports to foreign countries. They must be paid before the product enters the country importing the product by the exporter/country.
     
  4. tsuke

    tsuke Well-Known Member

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    Very interesting. Lets take a random product. I dunno soccer balls.

    Lets say that China, Mexico, Portugal, Canada, US, Britain produce soccer balls. A 5 cent tarrif is put on soccer balls going from mexico to pay for the wall.

    What is more likely.

    A) everyone raises their price 5cents because they are actually a price fixing cartel

    B) Mexican businesses are forced to eat the cost or sell at a higher price than others losing market share.

    Is there any product that mexico is the exclusive provider for?
     
  5. Wehrwolfen

    Wehrwolfen Well-Known Member Past Donor

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    Oil production is nationalized in Mexico, therefore the the export of crude oil to America directly affects the Mexican administration. Technically the Mexican government pays America an export excise tax just as the U.S. pays taxes for the privilege to export products to China, Japan, UK, etc...
     
  6. Steve N

    Steve N Well-Known Member Past Donor

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    The USA gave nearly half a billion dollars in aid to Mexico last year. We can put that money towards the wall and go from there.
     
  7. trucker

    trucker Well-Known Member Past Donor

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    we need to send them to FEMA! camps in the deserts 1st [​IMG]get them out of the public and protests that are going on now, then build the wall then send them back in that process :salute:
     
  8. Think for myself

    Think for myself Well-Known Member Past Donor

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    So we will use US taxpayer money for this wall?
     
  9. Thehumankind

    Thehumankind Well-Known Member

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    Can be done,
    but challenging with the 580 miles stretch.
     
  10. vman12

    vman12 Well-Known Member Past Donor

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    Mexico needs us a lot more than we need them. Money from Mexicans in the US, legally or not, flows into Mexico.

    There are a million ways we can bill them, and penalize them if they do not.

    If Mexico's GDP takes a hit from illegal immigration, then they will also work to prevent illegal immigration from their end.
     
  11. AmericanNationalist

    AmericanNationalist Well-Known Member

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    If they're transferring money overseas(which I think Trump means), yes it should be taxed since they're taking it out of the damn country.

    #MakeAmericaGreatagain.
     
  12. The Mello Guy

    The Mello Guy Well-Known Member

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    And businesses don't factor that in to their price?
     
  13. The Mello Guy

    The Mello Guy Well-Known Member

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    Oil does seem to be a cartel actually, definitely not soccer balls. I assume we buy it from Mexico now because it's cheaper than our other options. So if we make our cheapest option more expensive, then we'll logically pay more.
     
  14. Dutch

    Dutch Well-Known Member Past Donor

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    Should we continue useing taxpayers money to aid Mexico? Why exactly do they need our aid?
     
  15. The Wyrd of Gawd

    The Wyrd of Gawd Well-Known Member

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    Governments own all of the money. They just let people use it.
     
  16. Quantum Nerd

    Quantum Nerd Well-Known Member

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    We'll we have heard something analogous before: The tax cuts will pay for themselves. How did that work out?

    Plus that "extraction" of money, for example by taking it from transfers of Mexicans to their home country or from Mexican investments in the US, as suggested by another pro-wall poster, isn't that just stealing?
     
  17. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Isn't it laughable that all those self-appointed experts in economics, like Werwolfen, tell us that tariffs won't raise consumer prices? Here is ECON101 type analysis that describes why consumer prices will rise when tariffs are instated:

    http://www.assignmentpoint.com/business/how-do-tariffs-affect-prices.html
     
  18. truth and justice

    truth and justice Well-Known Member

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    Doing that will lead to foreign investors pulling out of your country

    - - - Updated - - -

    Another word for aid is control
     
  19. Dutch

    Dutch Well-Known Member Past Donor

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    We control Mexico?
     
  20. AmericanNationalist

    AmericanNationalist Well-Known Member

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    They are to follow the laws of the United States. I know this shocks the other party since they didn't do much governing over the last eight years, but
    the executive enforces the laws that are on the books. If money is being taken out of our country, that's sabotaging our US economy. That's money leaving our system. Perhaps money can come in the country, but it can never be withdrawn. It'd be neglectful to allow such harm to our system.
     
  21. truth and justice

    truth and justice Well-Known Member

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    Your country would collapse in no time at all. How would you import anything? How would you encourage foreign investment? You would not be able to trade on stock markets. No more Olympics ! No more international tournaments. You really have not thought this through
     
  22. Lowden Clear

    Lowden Clear Well-Known Member Past Donor

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    Valid point Mello. But, if I were going to relocate a biz in Mexico knowing there was a tariff, I would stay in the USA and keep jobs here. It will also promote companies relocating back here. JOB, JOBS, JOBS!!!
     
  23. 22catch

    22catch Well-Known Member Past Donor

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    Oh we have thought it through and the bottom line is foreign companies and countries collapse without our purchasing power. They need us far more than we need them.

    "" While the U.S. runs a sizable trade surplus in services (more than $230 billion last year), it's dwarfed by the $771 billion trade deficit in goods: U.S. goods exports amounted to more than $1.6 trillion last year, but the country imported nearly $2.4 trillion worth of goods.May 18, 2015 ""

    2.4 trillion... Trump is simply connecting the dots. Countries and elite corporations abroad will pay or well there is no or. No choice or become insolvent.
     
  24. truth and justice

    truth and justice Well-Known Member

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    I think that you are missing what the conversation is about. AmericanNationlist said that no US money is to leave the US shores which means that nothing can be imported and foreign companies based in your country will not be allowed to take any of their profits out. We are not talking about tariffs here
     
  25. truth and justice

    truth and justice Well-Known Member

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    The labour cost of manufacturing in Mexico is significantly lower than that in the US, let's say half. Only tariffs of over about say, 50%, would that difference be made up. Would you be ready for double digit inflation?
     

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