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Rod Speed Rod Speed is offline
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Default Mexico tariffs: Exactly the wrong move for U.S. economy FOX news report



"Cindy Hamilton" wrote in message
...
On Friday, June 7, 2019 at 2:19:06 PM UTC-4, Rod Speed wrote:
"Bod" wrote in message
...
Vice President Mike Pence on the crisis at the U.S. southern border and
President Trumps threat to impose tariffs on Mexico.
On trade Opens a New Window. , the hits Opens a New Window. keep
coming.

The White House's plan to impose tariffs€” starting at 5 percent on
Monday
and escalating to as much as 25 percent by October €” on all goods
imported
from Mexico will throw a serious wrench into the gears of the American
economy.


This move will hike taxes on all Americans


Only those that buy stuff that either comes from
mexico or has components that come from mexico.


Fruit and vegetables. Although I try to avoid Mexican produce,
sometimes that's the only kind I can get during the winter.


Unlikely that that will have much effect on the retail price.
Mate of mine made the stunning revelation that with fruit
\and veg, even when its quite literally free at the farm gate,
that has very little effect on the retail price that you pay.

He's right.