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POTUS TRUMP
Rank: Elder Joined: 9/19/2015 Posts: 2,871 Location: hapo
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Rank: Elder Joined: 9/19/2015 Posts: 2,871 Location: hapo
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Rank: Veteran Joined: 10/8/2008 Posts: 1,575
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hardwood wrote:Mexico to pay for the wall... Reuters wrote:The White House on Thursday floated the idea of imposing a 20 percent tax on goods from Mexico to pay for a wall at the southern U.S. border, sending the peso tumbling and deepening a crisis between the two neighbors.
Mexican President Enrique Pena Nieto announced on Twitter around midday on Thursday that he was scrapping a planned trip to meet with U.S. President Donald Trump, who has repeatedly demanded that Mexico pay for a wall on the U.S. border.
Later in the day, White House spokesman Sean Spicer sent the Mexican peso falling to its low for the day when he told reporters that Trump wanted a 20 percent tax on Mexican imports to pay for construction of the wall.
Spicer gave few details, but his comments resembled an existing idea, known as a border adjustment tax, that the Republican-led U.S. House of Representatives is considering as part of a broad tax overhaul. When the import tax increases, who pays? Hii hesabu yanishinda I care!
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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thuks wrote:hardwood wrote:Mexico to pay for the wall... Reuters wrote:The White House on Thursday floated the idea of imposing a 20 percent tax on goods from Mexico to pay for a wall at the southern U.S. border, sending the peso tumbling and deepening a crisis between the two neighbors.
Mexican President Enrique Pena Nieto announced on Twitter around midday on Thursday that he was scrapping a planned trip to meet with U.S. President Donald Trump, who has repeatedly demanded that Mexico pay for a wall on the U.S. border.
Later in the day, White House spokesman Sean Spicer sent the Mexican peso falling to its low for the day when he told reporters that Trump wanted a 20 percent tax on Mexican imports to pay for construction of the wall.
Spicer gave few details, but his comments resembled an existing idea, known as a border adjustment tax, that the Republican-led U.S. House of Representatives is considering as part of a broad tax overhaul. When the import tax increases, who pays? Hii hesabu yanishinda Shida ya kusomea kwa dirisha. They think the 20% will be paid by the mexican exporter forgeting that it's the Americna imported who ordered for goods, will pay the 20% tax and pass it on to the consumers! If Obiero did it, Who Am I?
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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thuks wrote:hardwood wrote:Mexico to pay for the wall... Reuters wrote:The White House on Thursday floated the idea of imposing a 20 percent tax on goods from Mexico to pay for a wall at the southern U.S. border, sending the peso tumbling and deepening a crisis between the two neighbors.
Mexican President Enrique Pena Nieto announced on Twitter around midday on Thursday that he was scrapping a planned trip to meet with U.S. President Donald Trump, who has repeatedly demanded that Mexico pay for a wall on the U.S. border.
Later in the day, White House spokesman Sean Spicer sent the Mexican peso falling to its low for the day when he told reporters that Trump wanted a 20 percent tax on Mexican imports to pay for construction of the wall.
Spicer gave few details, but his comments resembled an existing idea, known as a border adjustment tax, that the Republican-led U.S. House of Representatives is considering as part of a broad tax overhaul. When the import tax increases, who pays? Hii hesabu yanishinda It means mexican goods become less competitive, discourages imports and therefore US industries, workers and economy benefit. The money that would have gone to mexico remains in the US.
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Rank: Elder Joined: 9/19/2015 Posts: 2,871 Location: hapo
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hardwood wrote:thuks wrote:hardwood wrote:Mexico to pay for the wall... Reuters wrote:The White House on Thursday floated the idea of imposing a 20 percent tax on goods from Mexico to pay for a wall at the southern U.S. border, sending the peso tumbling and deepening a crisis between the two neighbors.
Mexican President Enrique Pena Nieto announced on Twitter around midday on Thursday that he was scrapping a planned trip to meet with U.S. President Donald Trump, who has repeatedly demanded that Mexico pay for a wall on the U.S. border.
Later in the day, White House spokesman Sean Spicer sent the Mexican peso falling to its low for the day when he told reporters that Trump wanted a 20 percent tax on Mexican imports to pay for construction of the wall.
Spicer gave few details, but his comments resembled an existing idea, known as a border adjustment tax, that the Republican-led U.S. House of Representatives is considering as part of a broad tax overhaul. When the import tax increases, who pays? Hii hesabu yanishinda It means mexican goods become less competitive, discourages imports and therefore US industries, workers and economy benefit. The money that would have gone to mexico remains in the US. I think you actually believe what Trump told you, that the Mexican economy shall die without the US. Go learn a bit about trade. Millions of jobs in America are at risk if Mexico also retaliates. Americans sell goods to Mexico remember. Mexico is currently our 3rd largest goods trading partner with $531 billion in total (two way) goods trade during 2015. Goods exports totaled $236 billion; goods imports totaled $295 billion. The U.S. goods trade deficit with Mexico was $58 billion in 2015. Raise Mexican taxation, your consumers pay more...I know of very few Americans who grow cabbages and sukuma wiki...They depend on those things from Mexico. Mexico retaliates and we are left at square one. Trade is not a campaign trip.... But as we said, tungoje tu. We were all excited too, remember?  Thieves are not good people. Tumeelewana?
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Rank: Veteran Joined: 9/11/2015 Posts: 1,024
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hardwood wrote:thuks wrote:hardwood wrote:Mexico to pay for the wall... Reuters wrote:The White House on Thursday floated the idea of imposing a 20 percent tax on goods from Mexico to pay for a wall at the southern U.S. border, sending the peso tumbling and deepening a crisis between the two neighbors.
Mexican President Enrique Pena Nieto announced on Twitter around midday on Thursday that he was scrapping a planned trip to meet with U.S. President Donald Trump, who has repeatedly demanded that Mexico pay for a wall on the U.S. border.
Later in the day, White House spokesman Sean Spicer sent the Mexican peso falling to its low for the day when he told reporters that Trump wanted a 20 percent tax on Mexican imports to pay for construction of the wall.
Spicer gave few details, but his comments resembled an existing idea, known as a border adjustment tax, that the Republican-led U.S. House of Representatives is considering as part of a broad tax overhaul. When the import tax increases, who pays? Hii hesabu yanishinda It means mexican goods become less competitive, discourages imports and therefore US industries, workers and economy benefit. The money that would have gone to mexico remains in the US. Or they will not get that money same difference as simply handing it over. Apprentice shrewdness. This is reality television on whole new level. After all we are dealing with a shrewd successful capitalist business man. lol.
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Swenani wrote:thuks wrote:hardwood wrote:Mexico to pay for the wall... Reuters wrote:The White House on Thursday floated the idea of imposing a 20 percent tax on goods from Mexico to pay for a wall at the southern U.S. border, sending the peso tumbling and deepening a crisis between the two neighbors.
Mexican President Enrique Pena Nieto announced on Twitter around midday on Thursday that he was scrapping a planned trip to meet with U.S. President Donald Trump, who has repeatedly demanded that Mexico pay for a wall on the U.S. border.
Later in the day, White House spokesman Sean Spicer sent the Mexican peso falling to its low for the day when he told reporters that Trump wanted a 20 percent tax on Mexican imports to pay for construction of the wall.
Spicer gave few details, but his comments resembled an existing idea, known as a border adjustment tax, that the Republican-led U.S. House of Representatives is considering as part of a broad tax overhaul. When the import tax increases, who pays? Hii hesabu yanishinda Shida ya kusomea kwa dirisha. They think the 20% will be paid by the mexican exporter forgeting that it's the Americna imported who ordered for goods, will pay the 20% tax and pass it on to the consumers! If lets say a "made in mexico" shirt was going for USD10 while the one made in the US was USD11, and now the mexican one has been slapped with 20% tax, it pushes price to USD12 and makes it more expensive than the US made one, thus less competitive. Assuming the quality is more or less the same, what this means is that consumers will now buy the US made shirt which will benefit the US manufacturers, factory workers and by extension the US cotton growers and the whole chain - seed companies, pesticides firms, transporters etc. But if someone still insists that they want to buy the mexican shirt, then the 20% goes to the wall.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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hardwood wrote:thuks wrote:hardwood wrote:Mexico to pay for the wall... Reuters wrote:The White House on Thursday floated the idea of imposing a 20 percent tax on goods from Mexico to pay for a wall at the southern U.S. border, sending the peso tumbling and deepening a crisis between the two neighbors.
Mexican President Enrique Pena Nieto announced on Twitter around midday on Thursday that he was scrapping a planned trip to meet with U.S. President Donald Trump, who has repeatedly demanded that Mexico pay for a wall on the U.S. border.
Later in the day, White House spokesman Sean Spicer sent the Mexican peso falling to its low for the day when he told reporters that Trump wanted a 20 percent tax on Mexican imports to pay for construction of the wall.
Spicer gave few details, but his comments resembled an existing idea, known as a border adjustment tax, that the Republican-led U.S. House of Representatives is considering as part of a broad tax overhaul. When the import tax increases, who pays? Hii hesabu yanishinda It means mexican goods become less competitive, discourages imports and therefore US industries, workers and economy benefit. The money that would have gone to mexico remains in the US. My friend, stop believing anything that comes out from Trump's rectum Mexico, US Trade factsQuote:U.S. exports to Mexico account for 15.7% of overall U.S. exports in 2015 Quote:Mexico was the United States' 2nd largest goods export market in 2015. Quote:Mexico was the United States' 3rd largest supplier of goods imports in 2015. Quote:U.S. foreign direct investment (FDI) in Mexico (stock) was $107.8 billion in 2014 (latest data available), a 5.3% increase from 2013. U.S. direct investment in Mexico is led by nonbank holding companies, manufacturing, and finance/insurance.
Mexico's FDI in the United States (stock) was $17.7 billion in 2014 (latest data available), up 4.0% from 2013. Mexico's direct investment in the U.S. is led by manufacturing, wholesale trade, and depository institutions.
Sales of services in Mexico by majority U.S.-owned affiliates were $43.4 billion in 2013 (latest data available), while sales of services in the United States by majority Mexico-owned firms were $7.5 billion. Then I read this stupidity somewhereWho told them that Mexico won't retaliate by applying a 30% tax on USA imports too? Quote:Under that plan, exports from the United States would be tax-exempt, but imports would be taxed at the border If Obiero did it, Who Am I?
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