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Mexico’s President Proposes Retaliatory Tariffs to Counter Trump

Mexico’s President Proposes Retaliatory Tariffs to Counter Trump

However, it looks like Canadian PM Justin Trudeau is ready to work with Trump to avoid tariffs.

So…do we have a Mexican standoff?

Mexican President Claudia Sheinbaum proposed retaliatory tariffs to counter President-elect Donald Trump’s threat to impose 25% tariffs on all products from her country if she didn’t stop drugs and illegal aliens from spilling over the border.

From The Associated Press:

Sheinbaum said she was willing to engage in talks on the issues, but said drugs were a U.S. problem.

“One tariff would be followed by another in response, and so on until we put at risk common businesses,” Sheinbaum said, referring to U.S. automakers that have plants on both sides of the border.

She said Tuesday that Mexico had done a lot to stem the flow of migrants, noting “caravans of migrants no longer reach the border.”

She also said Mexico had worked to stem the flow of drugs like the deadly synthetic opioid fentanyl, despite an influx of weapons smuggled in from the United States. She said the flow of drugs “is a problem of public health and consumption in your country’s society.”

Sheinbaum also criticized U.S. spending on weapons, saying the money should instead be spent regionally to address the problem of migration. “If a percentage of what the United States spends on war were dedicated to peace and development, that would address the underlying causes of migration,” she said.

I’m kind of shocked the AP admitted this fact about Sheinbaum: She is “a stern leftist ideologue trained in radical student protest movements.”

Could you imagine what Sheinbaum and VP Kamala Harris would have done if the latter won on November 5 instead of Trump?

So, yeah. Mexican standoff?

Also, you know the lobbying effort began before November 5, trying to gain exemptions or arbitrary enforcement. I bet the effort intensified on November 6.

Tariffs are a bad idea. Yes, they would hurt the consumer. Do you think our bills are high now? They would also hurt the workforce.

I wonder who will blink first.

Now, on the other hand, Canadian Prime Minister Justin Trudeau said he had a great phone call with Trump.

Trump also threatened Canada with 25% tariffs for the same reason: drugs and illegal aliens.

Trudeau immediately contacted Trump after he posted his threats on Truth Social:

I had a good call with Donald Trump last night again. We obviously talked about laying out the facts, talking about how the intense and effective connections between our two countries flow back and forth. We talked about some of the challenges that we can work on together.

It was a good call. This is something that we can do, laying out the facts, moving forward in constructive ways. This is a relationship that we know takes a certain amount of working on, and that’s what we’ll do.

One of the really important things is that we be all pulling together on this, the Team Canada approach is what works. That’s where, putting aside partisanship, that’s where I reached out immediately to [Ontario Premier] Doug Ford to agree with him that we would have a first minister’s meeting this week to talk about the United States. Talked with [Quebec Premier] Francois Legault and some other premieres as well. There’s work to do, but we know how to do it.

Trudeau already announced Canada would limit immigration after the country messed up after allowing too many people in when the pandemic ended.

Trudeau also admitted the government should have stepped in sooner:

Trudeau’s remarks came during a nearly seven-minute video he posted online over the weekend, during which the prime minister laid out the reasons why Canada was putting limits on its temporary foreign worker program, while also reducing the number of permanent residents allowed entry into Canada by as much as 27% by 2027.

Trudeau largely blamed “bad actors,” such as corporations and universities, for enticing immigrants to come to Canada, where there was a massive labor shortage following the pandemic. He pointed out that many of these predatory entities lured hordes of immigrant workers with false promises of college degrees, permanent residency, jobs and more.

However, Trudeau also suggested that the federal government was at least partly to blame for not “turn[ing] off the taps faster” after the country’s labor shortage waned.

“Looking back, when the post-pandemic boom cooled and businesses no longer needed the additional labor help, as a federal team, we could have acted quicker, and turned off the taps faster,” said Trudeau. “Immigration is primarily a federal job. We have the levers to rein it in. So we are.”

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Comments


 
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 3
MoeHowardwasright | November 26, 2024 at 4:09 pm

The Cartels are Mexicos problem. They are a “narco terror state”. No sense going through a dance here. Just declare Mexico a terrorist state and close the border. Have the State Department declare a travel ban to and from Mexico. When the cartels are dismembered and broken then we might consider lifting the ban.


 
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alaskabob | November 26, 2024 at 4:22 pm

Drink Kentucky and Tennessee bourbon and leave the tequila in Mexico.

Feff em. Mexico needs the USA more than the USA needs Mexico. It will cave to the Trump wave.

And we should also invade Canada, arrest Trudeau, and liberate it from their infestation of marxist meat puppets.

I read that in Project 2025 somewhere…


     
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    The Gentle Grizzly in reply to LB1901. | November 26, 2024 at 5:42 pm

    General Motors and Ford will be unhappy. They will need to build their “American” cars here, or just drop all pretense and become 100% car importers from low-tariff countries.

Tax remittances at 90% and see how fast Claudia changes her tune.

Drugs are a US problem?

Fine, then we’re sending the SEALs and Marines into Mexico to clean out the cartels that the government is too corrupt to stop.


 
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SeymourButz | November 26, 2024 at 4:49 pm

What do we provide Mexico other than the materials to produce cheap garbage to sell here?


 
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MarkSmith | November 26, 2024 at 4:53 pm

Canada Responds to Trump Tariffs – Trudeau Talks About “Feelings”, Doug Ford Says, “Hey, We’re not Mexicans”

And? How would that impact us? They’d buy more of their crap from China? I think we can wait that one out. We’d have to move auto manufacturing back to America? Golly, that’d be a bummer.

Admittedly, if they put a tariff on guns flowing over their border, it might make Eric Holder sad. But the rest of us not so much.


 
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Peter Moss | November 26, 2024 at 5:06 pm

Seal the border, recall our ambassador and suspend all trade.

We have little states that have larger GDPs than Mexico.

We do not need them.

At all.


 
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scooterjay | November 26, 2024 at 5:11 pm

BMW has a big plant in San Luis Potosi. I’d love for them to expand Plant Spartanburg and let Mexico suffer the loss of jobs by shutting down that facility.

Let’s see how it works out for the commie tramp when she collapses her own economy.

I don’t believe she has thought her clever plan all the way through. There are obviously many, many daily household items which are sourced from the United States – everything from California rice to canned soup, and no doubt toilet paper.

Putting tariffs on American goods, will not harm U.S. manufacturers much as, well, people don’t stop buying toilet paper, et al. The only impact will be on Mexican consumers who will see higher prices. Yes, every good currently purchased from the U.S. CAN be sourced elsewhere, but…

1. It takes time to source and ship goods from China or elsewhere overseas. There will be several months of high prices and shortages during the transition.
2, Prices, after shipping, probably wouldn’t be a lot cheaper than tariffed U.S. goods.

3. Tariffing cars and machinery is going to impact the employment of a lot of well-paid Mexican workers

However, I don’t believe the counter argument holds true regarding U.S. imports FROM Mexico.

Know who is going to be real happy when automobiles from Mexico are hit with tariffs? U.S. auto unions.

Here’s what we import from Mexico; you get 80% of the impact from 4 or 5 categories.

https://tradingeconomics.com/united-states/imports/mexico

Sheinbaum is certainly a strange name for a Mexican.


 
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TargaGTS | November 26, 2024 at 6:15 pm

The comments I agree most enthusiastically with are the ones about taxing the remittances and putting Mexico on a do-not-travel list as Cuba is today. These are two things that would hurt them deeply, quickly. Travel/Hospitality accounts for almost 9% of Mexico’s GDP with much of it driven by US consumers.

However, the automotive industry is a lot more complicated than many realize. Not only does Mexico assemble many cars that are then exported to the US, it also produces more than 40% of the component parts of US-assembled vehicles. Because of the reality of just-in-time supply chains that dominate the auto industry, it wouldn’t take much of a disruption to shutter every single US assembly plant…which would bad. It would be wise just to leave the auto element alone, for now. But, I do think Trump should make an example of Mexico and her leftist President.


 
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ThePrimordialOrderedPair | November 26, 2024 at 6:21 pm

Tariffs are a bad idea. Yes, they would hurt the consumer. Do you think our bills are high now? They would also hurt the workforce.

Sorry, but that is silly and completely incorrect.

Tariffs are great instruments. The cost of not using tariffs is far higher than the cost of using them. Further, the idea of an economy without borders is as ridiculous as the idea of a nation without borders. The US economy is the jewel of the world. EVERYONE wants to sell in the American economy. We are in a very advantageous and nearly unique position in history. All people and companies and nations are clamoring to be able to participate in our market. That is the value that WE OWN. To argue that that value should just be given away to companies and nations – especially to so many that are looking to do us harm, on top of all this – is just crazy.

Too many people refuse to recognize that value of American citizenship (it is worth tons and people would understand that directly if there were a market allowed for it) and love to print up American citizenships like they are worth nothing. Eventually, they will be.

In the same vein, people refuse to recognize the value of the American market and are willing to let everyone in the world in for free to take what they want and displace American companies as they wish. Companies and nations would pay dearly for access to our market, but instead, we are actually paying them. It’s nuts.


 
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ThePrimordialOrderedPair | November 26, 2024 at 6:23 pm

Mexico’s President Proposes Retaliatory Tariffs to Counter Trump

LOL.

How big is the Mexican market for … anything??


 
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rhhardin | November 26, 2024 at 6:28 pm

You’re not dealing with a government in Mexico, you’re dealing with the cartels.

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