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Caribbean-Latin America
Mexico to 'immediately' react to US border tax measure
2017-01-14
[Iran Press TV] Mexico says it should react "immediately" by imposing its own taxes if US President-elect Donald Trump
...New York real estate developer, described by Dems as illiterate, racist, misogynistic, and what ever other unpleasant descriptions they can think of, elected by the rest of us as 45th President of the United States...
 moves to fulfill his promised border tax on Mexican imports.

Trump, who will be sworn in on January 20, has threatened to impose heavy tax on companies that have moved their production, fully or partially, to Mexico and ship their products back to the United States.

The measure could hinder Mexico's exports to its top trading partner and deter foreign companies from investing in the Latin American country.

Mexican Economy Minister Ildefonso Guajardo said on Friday, "It is clear we need to be prepared to immediately neutralize the impact of such a measure."

Posted by:Fred

#8  Yep, jump right on that tourist luxury tax.
Afraid I'll have to switch from tequila back to bourbon.
Posted by: Skidmark   2017-01-14 19:02  

#7  So, they'll slap a tariff on exports to the US and products bought in the US and brought in?
This'll end well.
Posted by: ed in texas   2017-01-14 18:24  

#6  To fix things you have to know how to fix things, I am not sure they would know how to.
Posted by: Glereper Darling of the Welsh3222   2017-01-14 17:12  

#5  Amusing how they continue to act like Mexico is a sovereign land.
Posted by: Skidmark   2017-01-14 15:37  

#4   That is the safety valve against revolution/political reform.

The Establishment (north and south of the border) values stability. Political and financial gains are a bonus.
Posted by: Pappy   2017-01-14 14:29  

#3  remittance is guessed to be 1/3rd their economy. That is the safety valve against revolution/political reform. Could do Mexico some good to be forced to fix things.
Posted by: rjschwarz   2017-01-14 13:18  

#2  graft and remittance income to be spent by families in Mexico. They need to quit exporting their problems and fix them. First they can explain why a Mexican wall on their Central American border is OK, but not a northern one
Posted by: Frank G   2017-01-14 10:25  

#1  Gee, no thought to ending the illegal immigrant highway? Those expedite tolls must bring in a heck of a lot of graft to keep it rolling.
Posted by: Procopius2k    2017-01-14 07:58  

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