Holy mother of Jesus!!! Trump is finally doing something against the Mexican invasion… Unbelievable! This is shocking, we all gave up hope that this man will ever do anything yet when all hope was lost, he finally did it.
Mexico might actually do something about the invasion now even though its only a tiny 5% tariff which might not be enough, its a start. He might need to apply more sanctions. We’ll see… in the mean time we applaud this action!
Good job Trump but why did it had to take so long? Why did you do this only 3 years deep into your presidency? You should have done this day 1 but whatever, its still better than nothing!
What these tariffs really are, are sanctions and sanctions ALWAYS work and we do mean ALWAYS. Do not let yourselves be fooled, this is a good move no matter how you put it. Yes in the end it will be the US citizen paying up that 5% since it will be included in the final price of the product but if you don’t understand how this works then you have no clue of how capitalism really works.
Now that the price of a Mexican product gets more expensive maybe the competitor’s product which let’s say its made in USA costs the same or maybe even less, people will simply not buy that expensive Mexican product. Let’s give a strong example here so that you’re not left out in the fog.
Let’s say you have a office chair which is made in Mexico and it used to cost $100 and you also have an American office chair that costs $110 but you wanna buy the Mexican office chair because its $10 cheaper.
Now with Trump’s tariffs the Mexican office chair will cost $105 and now since the difference in price is so small between the two office chairs, you might reconsider and probably end up buying the American office chair. Yup, its really that simple. Its a form of sanction and boycott and you will help your own industry and economy.
Here’s the report from RT:
A five percent tariff on all goods coming from Mexico will go into effect on June 10, and will gradually increase up to 25 percent until the illegal immigration problem is resolved, US President Donald Trump has announced.
This appears to be the “big league” announcement on the border Trump had teased earlier in the day, prior to delivering a commencement speech to the US Air Force Academy in Colorado Springs.
Invoking the International Emergency Economic Powers Act, Trump said the US will start at five percent, but keep ratcheting up by another five percent every month, culminating with 25 percent beginning in October.
Tariffs will permanently remain at the 25 percent level unless and until Mexico substantially stops the illegal inflow of aliens coming through its territory.
The decision whether to remove the tariffs will be “determined in our sole discretion and judgment,” Trump added.
This appears to be the “big league” announcement on the border Trump had teased earlier in the day, prior to delivering a commencement speech to the US Air Force Academy in Colorado Springs. Speaking with reporters outside the White House, Trump had teased a “very dramatic” announcement about the border with Mexico.
“No, I’m not closing the border. I’m doing something else,” he said. “And it will be my biggest statement, so far, on the border.”
After his trip to Colorado Springs, Trump tweeted a video from the US Border Patrol showing over 1,000 migrants being apprehended after crossing over from Mexico illegally, calling it the “largest group of illegal aliens ever.”
“Mexico cannot allow hundreds of thousands of people to pour over its land and into our country—violating the sovereign territory of the United States. If Mexico does not take decisive measures, it will come at a significant price,” said the White House statement announcing the tariffs.
In response to the announcement, the Mexican peso took a nosedive in relation to the US dollar, and the Mexican government said it would respond “vigorously” to the “disastrous” threat, AFP reported. The US imported $350 billion of goods from Mexico in 2018.
Trump mentioned the possibility of closing the border last month, and there was a frenzy of speculation in the media about a possible new asylum policy, but the tariff announcement seems to have come as a surprise.
In February, after Democrats blocked all attempts to fund the construction of the border wall through appropriations, Trump invoked national emergency powers to reprogram funds from other government agencies. This caused Congress to approve a joint resolution opposing his emergency declaration for the first time in history of the US presidency, but it did not have enough support to override Trump’s veto. The case is now being dragged through federal courts.
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…a 5% tariff?? Laughably weak and naive.
Drug cartels, MS13, muslim terrorists, pool boys and maids don’t care about tariffs of any size?
Seal the border. Build the wall. Deport all 26 million illegal aliens.
Stop with the inane ineffectual plans already!
The author of this article is so shocked, obviously unaware how Trump has been fighting Congress to approve funds for the wall he wants to build, to keep out the illegal Mexican/South American trash. They come here & think they come first, entitled, pushy. I live here, I know! They demand, demand while flying their stupid green Mexican flag!
Their stupid green flag with the worm on it.