Skip to comments.Mexico slaps tariffs on US products in dispute [McCain expresses regret]
Posted on 03/16/2009 3:54:30 PM PDT by rabscuttle385
MEXICO CITY (AFP) Mexico on Monday said it would place tariffs on nearly 90 US products after Washington canceled a program that allowed some trucks from Mexico to operate in the United States.
There is to be an "increase in customs duty on almost 90 industrial and agricultural products," Economy Minister Gerardo Ruiz Mateos said in a statement.
Ruiz said the increase would represent some 2.4 billion dollars, but did not name the products.
. . . . .
The move drew a sharp rebuke from US Senator John McCain, who said he regretted Mexico's decision and also lashed out at US President Barack Obama and lawmakers for backing "protectionist" policies.
"I deeply regret the action taken by the Mexican government and the harm it may cause to American businesses," said McCain, who lost his bid for the presidency in 2008 to Obama.
"Unfortunately, this is a predictable reaction by the Mexican government to a policy that now puts the United States in clear violation of the North American Free Trade Agreement," he added.
"We must take steps to prevent escalation of further protectionist measures -- actions that only serve to harm American business during these tough economic times when these businesses need a worldwide marketplace to prosper."
(Excerpt) Read more at google.com ...
But, of course, no regrets for the amnesty debacle started by former President Bush, Senator Kennedy of Massachusetts, and himself.
Good. Build the fence and sell them nothing
Hee!! Poor renegadebama. I guess his thugs forgot to check the fine print in NAFTA as they steam roll their agenda as quick as they can. I am so concerned for lobama! /sigh
What a total loser. Marxist thug!
LOL guess they figured out that preventing American trucks from traveling in Mexico wouldn’t amount to much of anything since few American truckers are that suicidal.
Taxes on remittances seems like a good retaliatory strike.
There is to be an “increase in customs duty on almost 90 industrial and agricultural products,” Economy Minister Gerardo Ruiz Mateos said in a statement.
LOL!! Fine, just slap a 25% “fee” to any and all money transfers sent by private individuals from America to Mexico.
Quid pro quo.
lo.l. can’t we tax illegal immigrants??
Here are two enlightening articles (copyright, can’t be posted)
Mexicans weary of drug war
It talks about the mistrust of the Mexican people of the US Military, etc. and that the people are leaning toward the old PRI party for the next election. They say things ran smoother then, whereas Calderone is just causing the violence...in other words, they like it when the cartels run the show. How do we fight that?
Another article says of the violence in Mexico, “”People in the United States need to understand that this does affect our national security. . . . Unless we do something about it, you’re going to see heads being rolled down Main Street like they’re doing in Mexico,”
U.S. military outreach to Mexico likely to upset . . . Mexicans
Unless it is defused it will not end well. Is someone trying to put us into a Great Depression?
Hey, look at all the Teamster jobs we saved!
yeah, a tariff on wetbacks.
Yep...It'a a start...Maybe at least a couple of these teamsters will buy some American made products and put even more Americans back to work...
You figure those Mexican truck drivers are in line to buy a new 'Chevy'???
One of the biggest mistakes that pushed us into it was when we stifled free trade with other countries. In 1930 Congress passed the Smoot-Hawley Tariff Act. President Hoover signed it.
The act was meant to protect us from foreign competition. Tariffs would protect American workers and industries. They would keep us from shipping American jobs abroad. They would protect us from the ravages of globalization.
As soon as we erected tariffs, other countries retaliated. Our tariffs kept their products out. Theirs kept ours out. World trade shrunk like a prune overnight. The act was a disaster.
One year after Smoot Halley unemployment went from 7.8 to 16 percent. Next year it rose to 25 percent.
Woohoo we can all practice singing "Look for the Union Label" while we stand in line at the Obama Soup Kitchens!
Praise be our glorious leader!
These are the same Teamsters who are too feminine to make deliveries to Mexico, right?
“We must take steps to prevent escalation of further protectionist measures -”
“We must take steps to decrease wage rates for American truckers. What god given right do they have to there pay scale?”
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