“What difference does it make?”
These products are already made by mexicans.
In fairness to Obama (and I can barely believe those words just passed my lips...)these companies likely would have moved production to Mexico at some point anyway.
If I had a 100 million dollar company that made some sort of medical device, could effectively move it "nearshore" (or whatever) to Mexico without compromising quality, and would save 2.3% ($2,300,000), or a fair bit of my yearly profits ......why wouldn't I?
Or, to look at it another way....Remember that companies don't really pay taxes, they just pass them on. Why ask my customers to absorb the additional charges?
In this particular case, I don't blame the companies for playing by the rules, I blame the government for setting up ridiculous rules to begin with.
Even better. Purchase a giant parcel of Mexico that abuts the U.S. border and build a gigantic wall ALL the way around it with seriously armed guards on top. One entrance directly into Mexico and one entrance directly into the U.S. Inside: the largest, most modern, best equipped medical “spa” in the world.
Sell pre-paid “spa” memberships, with medical care thrown in for free.