Posted on 01/29/2017 5:58:30 AM PST by detective
If the trade war is coming, how would Mexico fare? That is the question that has preoccupied politicians and business leaders here since President Trump won the election and began pursuing his agenda to impose tariffs on goods made in Mexico and to build a wall along the border.
Trump has made clear his disdain for the North American Free Trade Agreement, which has governed commerce on the continent since 1994, and Mexican leaders have said that if the terms of the renegotiation did not further their interests, they might walk away, as well.
A trade dispute could have painful repercussions here in Mexico. The country relies heavily on the U.S. market: 80 percent of its exports are sold there, and some economists predict that a trade war could lead to a recession and spur more migration north. Others note that unrest might break out as the country is already tightly wound amid sharp increases in gas prices, the peso devaluation and the unpopularity of its president, Enrique Peña Nieto.
(Excerpt) Read more at msn.com ...
Mexico can go punch a Taco. At least 1/4 of their GDP is in illegal remittances back to Mexico in some manner.
It sounds like Joshua and David have sided with Mexico against America. Friggin’, bottomfeeding snowflakes.
It was as authorities began to look into the store's wire-transfers (remittances) that things got interesting. They all seemed to trace back to one or two accounts in Mexico City. Cooperating with Mexican Authorities, it soon became apparent exactly what the laundered money was being used to finance.
“Among the terror jihadists that travel back and forth through the porous southern border is a Kuwaiti named Shaykh Mahmood Omar Khabir, an ISIS operative who lives in the Mexican state of Chihuahua not far from El Paso, Texas,” authorities reported.
“Khabir trained hundreds of Al Qaeda fighters in Pakistan, Afghanistan, and Yemen and has lived in Mexico for more than a year,” according to information provided to Judicial Watch by a source identified only as “a high-ranking Homeland security official in a border state.”
According to the intelligence, Khabir now provides training to thousands of jihadis – mostly from Syria and Yemen – at a base in near Ciudad Juarez, which is located just across the border from El Paso, Texas.
“Staking out U.S. targets is not difficult, and Khabir actually brags in an Italian newspaper article published last week that the border region is so open that he ‘could get in with a handful of men, and kill thousands of people in Texas or in Arizona in the space of a few hours.’” (hat tip breirbart.com)
IguesstheycouldsendtherestofMrsJebBushsfamiyhere!(Mykeysstuck)
Pathetic if it thinks it has any bargaining position. We could close the border tomorrow and see no adverse impact. They cannot cut exports, but if they do, that’s fine. What we don’t need are Mexicans. If they don’t accept Mexicans back, we cut their products, which we can get elsewhere. Regarding remittances, they need 50% withholding, let senders then get this back with tax returns, presuming their employment is legal and properly documented and taxed.
Mexico benefits mightily from NAFTA and relaxed US guest-worker policies, let alone our tolerance of their citizen exports.
But, to quote Randy Newman (from “Let’s drop the big one”)
“We give the money,
Are they grateful?
No, they’re spiteful, and they’re hateful!”
It’s always “Thanks, and can we have some more?”, not “OK, we see your point, how can we help?”
The US does NOT need Mexico or ANY OTHER COUNTRY for Anything, this Country can be Self Sufficient easily and was for hundreds of years.
Te REST of the WORLD NEEDS US, and they appear to ALL HATE US, so they can ALL F&^% OFF
THE MERIDIA INITIATIVE——The U.S. Congress has now authorized $1.6 USD billion for the three-year initiative (2007–2010). The U.S. Congress approved $465 million in the first year, which includes $400 million for Mexico and $65 million for Central America, the Dominican Republic, and Haiti. For the second year, Congress approved $300 million for Mexico and $110 million for Central America, the Dominican Republic and Haiti.
A FY09 supplemental appropriation is providing an additional $420 million for Mexico; and $450 million for Mexico and $100 million for Central America has been requested for FY10.[21]
Only about $204 million of that, however, will be earmarked for the Mexican military for the purchase of eight used transport helicopters and two small surveillance aircraft. No weapons are included in the plan.[22][23][24] The bill requires that $73.5 million of the $400 million for Mexico must be used for judicial reform, institution-building, human rights and rule-of-law issues.
The bill specifies that 15% of the funds will be dependent on Mexico making headway in four areas relating to human-rights issues, and on which the U.S. Secretary of State will have to report periodically to Congress.[25][26]
An additional $65 million was granted for the Central American countries (Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama); the House also included Haiti and the Dominican Republic in this bill for Central America, which is a comprehensive public security package that seeks to tackle citizen insecurity in Central America by more effectively addressing criminal gangs, improving information sharing between countries, modernizing and professionalizing the police forces, expanding maritime interdiction capabilities, and reforming the judicial sector in order to restore and strengthen citizens’ confidence in those institutions.[27]
Much of the US funding will go toward the purchase of aircraft, surveillance software, and other goods and services produced by U.S. private defense contractors.
According to U.S. State Department officials, 59% of the proposed assistance will go to civil agencies responsible for law enforcement, and 41% to operational costs for the Mexican Army and Mexican Navy. While the initial cost for equipment and hardware that the military required is high, it is expected that future budget requests will focus increasingly on training and assistance to civil agencies.
With the Mérida Initiative set to expire on September 30, 2010, the U.S. State Department has proposed a major renewal and expansion of the program. If approved, starting in 2011, $310 million would be granted to Mexico, another $100 million for the Central American Regional Security Initiative (CARSI), and $79 million for the Caribbean Basin Security Initiative (CBSI).[29]
EQUIPMENT SUPPLIED INCLUDES: Bell 412 helicopter CASA CN-235 transport aircraft. Colt AR-15 A3 Tactical Carbine AK-47 M4 Carbine with grenade launcher.
The Mérida Initiative will provide funding for:[30][31] Non-intrusive inspection equipment such as ion scanners, gamma ray scanners, X-ray vans and canine units for Mexico and Central America.
Technologies to improve and secure telecommunications systems that collect criminal information in Mexico. Technical advice and training to strengthen the institutions of justice, case management software to track investigations through the system, new offices of citizen complaints and professional responsibility, and witness protection programs to Mexico.
Thirteen Bell 412 EP helicopters (5 with INCLE funds for the Federal Police and 8 with FMF funds for the military). Eleven UH-60 Black Hawk transport helicopters (three with INCLE funds for the Federal Police and 5 with FMF funds for the Mexican Air Force, and three for the Mexican Navy.[32]) Four CASA CN-235 transport aircraft.
One Reconnaissance Dornier 328JET Equipment, training and community action programs in Central American countries to implement anti-gang measures and expand the reach of these measures. (hat tip-—Wikipedia)
To be fair, guacamole may go up in costs if we closed the border, but that’s about the only “negative” impact.
I noticed there is a fence around the house with the mural painted on it. So Mexicans are not opposed to fenses when it is to protect their property. Only fences that protects America.
“Top economic officials have already said that Mexico would “mirror” any additional taxes or tariffs that the United States imposes. Former officials have said that Mexico could also tax corporate profits from the many American companies with operations in Mexico.”
I don’t think they thought this through. Increasing the cost of American companies doing business in Mexico is a good thing if it decreases the incentive for those companies to continue operating in Mexico. So Mexico, go for it.
Mexico is not a NATO Member. Mexico is invading the US. European NATO Members need to help pay for the defensive Wall. Both construction and operations.
Fake news.
Read more at beta.foreignassistance.gov ...and on FR
What is the Drug Trade Deficit?
From the article: “Mexico deported nearly 150,000 migrants bound for the United States, most of them from Central America. Without this cooperation, officials predict that the number of migrants turning up at the U.S. border could double.”
When a wall is in place, how does and additional 150,000 migrants on Mexico’s side of it hurt the US?
And the author’s observation of “punishing the American consumer”, we consumers need to suck it up. Our own greed for getting the most for our buck has been the number one problem we foisted upon ourselves to drive production of consumer products to foreign cheaper labor markets, IMHO.
Boom goes London. Boom, Paree. More room for you and more room for me. They all hate us, anyhow. Let’s drop the big one now.
“....could lead to a recession and spur more migration north.”
There will be a BIG WALL and vastly increased border patrols. Mexicans “migrate north” all the please but they will be STOPPED by the wall.
Jeb Bush would be very upset about this.
There are punches and there are TKO’s
Meeheeco punches are like little girls compared to Trump’s/
No Contest
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