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Caribbean-Latin America
Mexico warns Trump on tariffs: We'll respond 'immediately'
2017-01-15
[Clinton News Network] Mexico's economy minister sent Donald Trump a fighting message: We will retaliate right away if you hit us with a "major border tax."

"It's very clear that we have to be prepared to immediately be able to neutralize the impact of a measure of that nature," economy minister Ildefonso Guajardo said Friday on a Mexican news show.

Guajardo also predicted that Trump's threat of a 35% tariff against Mexico, if carried out, would result in a "global recession" because it would inhibit companies from producing outside the U.S.

"It would be a problem for the entire world," Guajardo warned. A Trump tariff "will have a wave of impacts that can take us into a global recession," Guajardo said, speaking in Spanish.

In recent weeks, Trump has zeroed in on companies manufacturing in Mexico and selling products in the United States, threatening them with a "major border tax" of 35%.
Posted by:Besoeker

#13  On second thought, US do the taxing, once the IRS gets involved collecting the taxes, there's no escape!
Posted by: Seeking cure for ignorance   2017-01-15 21:12  

#12  Oh I know! Tax all those northbound drugs heavily! That'll give the Mexican government enough money to cover their grafts,
Posted by: Seeking cure for ignorance   2017-01-15 20:36  

#11  Yo! Mexico! How's that Peso doing? 8-)
Posted by: Victor Emmanuel Whotle6188   2017-01-15 17:20  

#10  Re. Commment number 5:

That is short sighted. We have to expose the propagandists from time to time to remind us of who they are. Watch Meet the Press on Sunday to see what the propagandists do and know your enemy. Take kava or other calming agent to keep your blood pressure down and secure firearms to protect your TV. And your family in other rooms. Heh.

M'Lady is a clinical psychologist and looks at the show from that perspective. I wish that I could be as calm as her.
Posted by: Alaska Paul   2017-01-15 13:02  

#9  Where will we get our Elvis or Snoopy on black velvet art? Oh, the humanity!
Posted by: Frank G   2017-01-15 09:51  

#8  Um... Ok Mexico. Go ahead.
Posted by: DarthVader   2017-01-15 09:49  

#7  Mex Turk Especial with jumping beans!
Posted by: Crinegum Ulaigum2776   2017-01-15 09:15  

#6  Tequila ban!!

No more Margaritas for millenials!!
Posted by: AlanC   2017-01-15 08:39  

#5  Can we build a filter that stops Rantburg to linking to CNN.com or other known fake news sites?
Posted by: Thumper Dribble5791   2017-01-15 08:36  

#4  With "sea of fire"?
Posted by: g(r)omgoru   2017-01-15 05:50  

#3  So what is Mexico gonna do about it? Build a wall between us?
Posted by: junkiron   2017-01-15 04:39  

#2  Looking for a 'tall grass' summer.
Posted by: Skidmark   2017-01-15 04:09  

#1  With...what?
Posted by: Crusader   2017-01-15 02:11  

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