Mexico's Economy Minister Marcelo Ebrard suggested on Monday that the Mexican government could retaliate with its own tariffs on U.S. imports if the incoming Trump administration slaps tariffs on Mexican exports.
Ebrard made the comments in an interview with local broadcaster Radio Formula, in which he reflected on how President-elect Donald Trump threatened 25% tariffs on Mexican goods during his previous term in office at a time when the Republican leader sought concessions from Mexico's government on immigration enforcement.
"If you put 25% tariffs on me, I have to react with tariffs," said Ebrard, who served as Mexico's foreign minister during the previous incident.
"If you apply tariffs, we'll have to apply tariffs. And what does that bring you? A gigantic cost for the North American economy," he added.
Ebrard went on to stress that tariffs will stoke inflation in the U.S., which he described as an "important limitation" that should argue against such a [BLEEP]-for-tat trade spat.
https://finance.yahoo.com/news/mexico-ec...07562.html
Yeah, well that's what the definition of what a trade war is. America just elected an economic idiot. Educated Americans know this.
Seriously dude, every fart in your head doesn’t need its own thread.
Pedo Pete with another meltdown thread hahahahahaha
![[Image: SyFS2.jpg]](https://s11.gifyu.com/images/SyFS2.jpg)
It's a valid point. Tariffs are a tax on the consumer, for the purpose of making imported goods more expensive, in order to make domestically produced goods more competitive. Maybe it sounds great to some people- make everybody in the US buy US-produced goods, but it comes at a large cost to the consumer, and if it causes a trade war, that would hurt US exports.
We'll see what happens and whether he goes through with it.
I wonder where all this support was for the last 4 years of ineptness..
Just when Trump wins back the White House lolololol
[BLEEP] seethe lolololol
It’s a leverage tool. The U.S. can absorb increased costs associated with tariffs more than Mexico. However, if Mexico chooses to squelch the migrants hiking across their country towards the U.S. border and cracks down on fentanyl production using Chinese precursors, the tariffs don’t have to happen.
(11-12-2024, 09:25 AM)homebiscuit Wrote: [ -> ]It’s a leverage tool. The U.S. can absorb increased costs associated with tariffs more than Mexico. However, if Mexico chooses to squelch the migrants hiking across their country towards the U.S. border and cracks down on fentanyl production using Chinese precursors, the tariffs don’t have to happen.
HEH, your about to have to instruct these guys on how the world of high level negotiations work. I tried, but failed. Yea that is a admission of me not being as effective as I wanted. Go for it I wish you better results. ...
(11-12-2024, 07:04 AM)Bchbunnie4 Wrote: [ -> ]Seriously dude, every fart in your head doesn’t need its own thread.
Yet, nobody complains when Drifter posts 5 articles per day from his conservative news outlets.....
(11-12-2024, 09:15 AM)The Real Marty Wrote: [ -> ]It's a valid point. Tariffs are a tax on the consumer, for the purpose of making imported goods more expensive, in order to make domestically produced goods more competitive. Maybe it sounds great to some people- make everybody in the US buy US-produced goods, but it comes at a large cost to the consumer, and if it causes a trade war, that would hurt US exports.
We'll see what happens and whether he goes through with it.
I agree and so do most of the economists. That said, given my own personal situation and ability to live off of minimal purchases throughout the year, I'd almost welcome Trump's vision coming to reality to see what actually happens. It's kind of easy to go status quo and debate what would happen in certain international trade scenarios so let's put things into reality so we don't have to play hypothetical scenarios.
I'd love to see what impact tariffs have on autos manufactured in Mexico (GM, Ford, Nissan, VW, Toyota) and China (Tesla)
(11-12-2024, 09:25 AM)homebiscuit Wrote: [ -> ]It’s a leverage tool. The U.S. can absorb increased costs associated with tariffs more than Mexico. However, if Mexico chooses to squelch the migrants hiking across their country towards the U.S. border and cracks down on fentanyl production using Chinese precursors, the tariffs don’t have to happen.
There is a risk, though. If we don't get the desired response, all we have done is start a trade war, stoke inflation, and put a lot of people out of jobs who work for exporters on both sides of the border. I doubt other countries will just raise their hands and surrender. Most of our trading partners are democracies, subject to politics.
And again, when you say, "the US can absorb increased costs..." it's the US CONSUMER who absorbs the increased cost, and the US EXPORTER who suffers from the retaliatory tariffs. The US exported $323 billion worth of stuff to Mexico in 2023.
(11-12-2024, 11:46 AM)The Real Marty Wrote: [ -> ] (11-12-2024, 09:25 AM)homebiscuit Wrote: [ -> ]It’s a leverage tool. The U.S. can absorb increased costs associated with tariffs more than Mexico. However, if Mexico chooses to squelch the migrants hiking across their country towards the U.S. border and cracks down on fentanyl production using Chinese precursors, the tariffs don’t have to happen.
There is a risk, though. If we don't get the desired response, all we have done is start a trade war, stoke inflation, and put a lot of people out of jobs who work for exporters on both sides of the border. I doubt other countries will just raise their hands and surrender. Most of our trading partners are democracies, subject to politics.
And again, when you say, "the US can absorb increased costs..." it's the US CONSUMER who absorbs the increased cost, and the US EXPORTER who suffers from the retaliatory tariffs. The US exported $323 billion worth of stuff to Mexico in 2023.
What motivation would Mexico have for not cracking down on migrants and fentanyl and instead choose to engage in an expensive trade war with the most powerful economy in the world? Seems like a logical choice.
With that being said, there are other motivations for Trump to raise tariffs.
https://www.cnn.com/2024/10/15/politics/...id=ios_app
(11-12-2024, 09:15 AM)The Real Marty Wrote: [ -> ]It's a valid point. Tariffs are a tax on the consumer, for the purpose of making imported goods more expensive, in order to make domestically produced goods more competitive. Maybe it sounds great to some people- make everybody in the US buy US-produced goods, but it comes at a large cost to the consumer, and if it causes a trade war, that would hurt US exports.
We'll see what happens and whether he goes through with it.
That’s what happened last time Trump tried the tariff nonsense. He ended up having to bail out a bunch of farmers.
It's ok. I grow my own Haas avocados. What else do I need from Mexico? A Ford?
(11-12-2024, 12:24 PM)StroudCrowd1 Wrote: [ -> ]It's ok. I grow my own Haas avocados. What else do I need from Mexico? A Ford?
According to the libtards, they need their grass cut too..
https://twitter.com/EdwardOrysiek/status...XsyFg&s=19
So basically, Pete doesn't know how to operate a lawn mower lololol
(11-12-2024, 12:24 PM)StroudCrowd1 Wrote: [ -> ]It's ok. I grow my own Haas avocados. What else do I need from Mexico? A Ford?
Hey, ~ 6 or so years ago you were fully onboard with buying Goya brands when they supported Trump. Don't turn your back on Goya now !!!
Note: Avocados are way overrated. A few cool jingles and everybody now loves avocados.
(11-12-2024, 12:15 PM)TDOSS Wrote: [ -> ] (11-12-2024, 09:15 AM)The Real Marty Wrote: [ -> ]It's a valid point. Tariffs are a tax on the consumer, for the purpose of making imported goods more expensive, in order to make domestically produced goods more competitive. Maybe it sounds great to some people- make everybody in the US buy US-produced goods, but it comes at a large cost to the consumer, and if it causes a trade war, that would hurt US exports.
We'll see what happens and whether he goes through with it.
That’s what happened last time Trump tried the tariff nonsense. He ended up having to bail out a bunch of farmers.
USA Farmers are subsidized $30 billion per year. Being a farmer in this country simply means owning a bunch of land to reap the government benefits of getting huge handouts paid by us taxpayers. Such a joke.
We are a superior country to Mexico and ultimately they will do what Trump tells them. Let's not kid ourselves.
(11-12-2024, 01:11 PM)StroudCrowd1 Wrote: [ -> ]We are a superior country to Mexico and ultimately they will do what Trump tells them. Let's not kid ourselves.
Yeah, that's been working good so far.
(11-12-2024, 12:39 PM)WingerDinger Wrote: [ -> ] (11-12-2024, 12:24 PM)StroudCrowd1 Wrote: [ -> ]It's ok. I grow my own Haas avocados. What else do I need from Mexico? A Ford?
According to the libtards, they need their grass cut too..
https://twitter.com/EdwardOrysiek/status...XsyFg&s=19
So basically, Pete doesn't know how to operate a lawn mower lololol
LOL. That dumb liberal [BLEEP] might want to talk to Jags or the few others that I know that run their own lawn maintenance companies. Not a one of them has Mexicans (or any other foreigners) working for them.
Also, no one has said that naturalized citizens were going to be deported.
Talk about a bunch of mis/dis-information (no surprise coming from a low information [BLEEP]).
(11-12-2024, 12:49 PM)HURRICANE!!! Wrote: [ -> ] (11-12-2024, 12:24 PM)StroudCrowd1 Wrote: [ -> ]It's ok. I grow my own Haas avocados. What else do I need from Mexico? A Ford?
Hey, ~ 6 or so years ago you were fully onboard with buying Goya brands when they supported Trump. Don't turn your back on Goya now !!!
Note: Avocados are way overrated. A few cool jingles and everybody now loves avocados.
(11-12-2024, 12:15 PM)TDOSS Wrote: [ -> ]That’s what happened last time Trump tried the tariff nonsense. He ended up having to bail out a bunch of farmers.
USA Farmers are subsidized $30 billion per year. Being a farmer in this country simply means owning a bunch of land to reap the government benefits of getting huge handouts paid by us taxpayers. Such a joke.
I know, right? I’ve never understood the big appeal for avocados. They’re pretty much tasteless to me.
Other posters here would know better than me but lawn guys seem to have their own quasi Mafia thing going on. I asked my neighbor's lawn guy to give me a quote, and he asked "who does your lawn now?" After I told him, he said he's not going to take business from that guy. He didn't ask what the price was.
And yes they are all Americans when I see them.
The roofers and other homes builders are foreigners, and the landscapers that the HOA hired for common areas seem to be foreigners, but the smaller teams that do residential lawns seem to be locals.