Federal Income taxes paid on those transfers overseas? Very likely NOT.
Just another foreign aid venue.
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| Caribbean-Latin America |
| Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs |
| 2024-11-27 |
| [10News - AyPee via Scripps, so delusionary] I don't think you want to play this game, Bitch Mexican President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate if Trump goes forward with a plan to institute blanket tariffs on Mexican goods in the U.S. President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% import duties on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border. Sheinbaum said she was willing to engage in talks on the issues, but said drugs were a U.S. problem. "One tariff would be followed by another in response, and so on until we put at risk common businesses," Sheinbaum said, referring to U.S. automakers that have plants on both sides of the border. She said Tuesday that Mexico had done a lot to stem the flow of migrants, noting "caravans of migrants no longer reach the border." However, Mexico's efforts to fight drugs like the deadly synthetic opioid fentanyl — which is manufactured by Mexican cartels using chemicals imported from China — have weakened in the last year. Sheinbaum said Mexico suffered from an influx of weapons smuggled in from the United States, and said the flow of drugs "is a problem of public health and consumption in your country’s society." Sheinbaum also criticized U.S. spending on weapons, saying the money should instead be spent regionally to address the problem of migration. "If a percentage of what the United States spends on war were dedicated to peace and development, that would address the underlying causes of migration," she said. Sheinbaum’s bristly response suggests that Trump faces a much different Mexican president than he did in his first term. Back in late 2018, former President Andrés Manuel López Obrador was a charismatic, old-school politician who developed a chummy relationship with Trump. The two were eventually able to strike a bargain in which Mexico helped keep migrants away from the border — and received other countries’ deported migrants — and Trump backed down on the threats. But Sheinbaum, who took office Oct. 1, is a stern "We negotiate as equals, there is no subordination here, because we are a great nation," Sheinbaum said, while adding, "I think we are going to reach an agreement." But Gabriela Siller, director of economic analysis of the financial group Banco Base, fears the personality clash could escalate things into brinkmanship; Trump clearly hates to lose. "Trump may have just tossed the threat out there, as he does," Siller said. "But Mexico's response, that we're going to respond to you with tariffs, that will make Trump really impose them." It's not clear how serious Trump’s threat is. The U.S.-Mexico-Canada free trade agreement forbids just imposing tariffs on other member countries. And it’s not clear whether the economy could even tolerate sudden levies on imports: Auto plants on both sides of the border rely on each other for parts and components, and some production lines could screech to a halt. "It is unacceptable and would cause inflation and job losses in Mexico and the United States," Sheinbaum said, while offering to talk about the issues. "If tariffs go up, who will it hurt? General Motors," she said. "Dialogue is the best path to achieve understanding, peace and prosperity for our two countries," Sheinbaum said. "I hope our teams can meet soon." Not likely. Just close the border for a bit. See how tough she is |
| Posted by:Frank G |
| #17 Must have heard you NOMO. Mexican President vows to stop migration through Mexico into the U.S. 'effective immediately' |
| Posted by: Skidmark 2024-11-27 23:06 |
| #16 Throttling remittances would have an immediate, devastating impact on Millions of Mexican families for whom it is much of their monthly income. Actually sealing even the more porous parts of the border would have immediate impact on cartel revenue from human and drug trafficking. Poof, she gets a phone call she has to take or else. She starts a trade war with the Donald and she is gone in a week or less! |
| Posted by: NoMoreBS 2024-11-27 14:57 |
| #15 They gonna put a tariff on the sewage that flows into the Tijuana River and ends up in Imperial Beach, California? |
| Posted by: Abu Uluque 2024-11-27 14:41 |
| #14 Fewer veggies? Think of the saving from avoiding food recalls. |
| Posted by: Procopius2k 2024-11-27 14:03 |
| #13 Guess those are the Mexican goods assembled from Chinese parts. US Durable Goods Orders Disappoint In October, Stagnant For 19 Months |
| Posted by: Skidmark 2024-11-27 13:08 |
| #12 If all the illegal drugs are trapped in Mexico, even more celebrities will move down there. Win-win. |
| Posted by: Super Hose 2024-11-27 10:37 |
| #11 Mexico I bet it will hurt you more than us. |
| Posted by: DarthVader 2024-11-27 10:19 |
| #10 Judge blocks rule giving foreign farm workers in four states bargaining rights |
| Posted by: Skidmark 2024-11-27 09:52 |
| #9 ^ grow your own. Canada, Mexico and China respond to Trump tariff threats |
| Posted by: Skidmark 2024-11-27 09:09 |
| #8 ^Just cut EPA hands off. |
| Posted by: Grom the Reflective 2024-11-27 08:43 |
| #7 Lots of fruits and veggies come from Mexico and since California is now a hostile country, it might be hard to make up the shortfall. |
| Posted by: Mercutio 2024-11-27 08:42 |
| #6 ^ I believe the 1st Trump admin raised the fee for foreign wire transfers. |
| Posted by: The Walking Unvaxed 2024-11-27 08:00 |
| #5 Federal Income taxes paid on those transfers overseas? Very likely NOT. Just another foreign aid venue. |
| Posted by: Besoeker 2024-11-27 06:52 |
| #4 Maybe we could finally end NAFTA |
| Posted by: Gloluns Turkeyneck4904 2024-11-27 06:50 |
| #3 ^#2 Now that's an Idea. Plus a tax on all incoming foreign funds. To cover the kickbacks from places like Ukraine :-) |
| Posted by: NN2N1 2024-11-27 06:47 |
| #2 ^$$$ sent home by Mexicans in USA.😎 |
| Posted by: Grom the Reflective 2024-11-27 03:52 |
| #1 What a Tariff on: * exported Illegal drugs? * Liberals & Celebrities moving to Mexico? * Illegals being deported back? |
| Posted by: NN2N1 2024-11-27 03:26 |