Author Topic: Again, Trump promises 35% tariff on Mexican imports  (Read 395 times)

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Again, Trump promises 35% tariff on Mexican imports
« on: September 14, 2016, 12:00:06 AM »
But you're okay with this, right?



Mexico was the United States' 3rd largest supplier of goods imports in 2015.
 
U.S. goods imports from Mexico totaled $295 billion in 2015, up 0.2% ($667 million) from 2014, and up 73% from 2005. U.S. imports from Mexico are up 638% from 1993 (pre-NAFTA). U.S. imports from Mexico are up 638% from 1993 (pre-NAFTA).
 
The top import categories (2-digit HS) in 2015 were: vehicles ($74 billion), electrical machinery ($63 billion), machinery ($49 billion), mineral fuels ($14 billion), and optical and medical instruments ($12 billion).
 
U.S. imports of agricultural products from Mexico totaled $21 billion in 2015, our 2nd largest supplier of agricultural imports. Leading categories include: fresh vegetables ($4.8 billion), other fresh fruit ($4.3 billion), wine and beer ($2.7 billion), snack foods ($1.7 billion), and processed fruit & vegetables ($1.4 billion).
 
U.S. imports of services from Mexico were an estimated $21.6 billion in 2015, 11.0% ($2.1 billion) more than 2014, and 50.0% greater than 2005 levels. It was up roughly 191% from 1993 (pre-NAFTA). Based on 2014, leading services imports from Mexico to the U.S. were in the travel, transportation, and technical and other services sectors.




"As president of the United States, am I allowed to call the president of an air conditioning company? May I?" Trump asked Christie at the event. "He said only one time," Trump said as he looked out onto the crowd. The real estate mogul said his wife would tell him not to do it because he's president, "but it's so much fun for me."

[From belief to outrage: The decline of the middle class reaches the next American town]

And what would he tell them?

"Enjoy Mexico — it’s a wonderful place, beautiful weather. I hope you like 120 degrees," Trump said. "Every unit you make that you sell into the United States you’re gonna pay a 35 percent tax."


Trump typically blasts Nabisco for moving operations to Mexico and also teased at Christie.

"I'm not eating Oreos anymore ... neither is Chris," Trump said. Christie had gastric bypass surgery a few years ago.