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  • Spicer: Would implement 20% border tax on imports from Mexico

How does this affect USD against other pairs? It doesn't seem to be market moving with the majors.
Trading is not for everyone.
any confirmation?
20% on $60 billion = $12billion. Thats Mexicos contribution to the wall. lol.
20% will be paid either by the Mexico producer , or the American consumer.
It depends who is more tough
  •  Guest
  • | IP XX.X.237.243
probably most of americans have businesses in mexico and can earn by this rule by raising prices of products. There is no other way for usa to get imports other than mexico or other southern countries. Many investments in mexico from all american leaders.Also no other way for mexico to sell their products.
Quoting Sniper2000
20% on $60 billion = $12billion. Thats Mexicos contribution to the wall. lol.
Not really. US citizens contribution paid in higher prices.
wall will not stop emigrants, they will built tunnels below that wall......
Quoting ivofx
20% will be paid either by the Mexico producer , or the American consumer.
It depends who is more tough
It's paid ultimately by the consumer in all cases, the mexican producers will see their sales drop since they become 20% less competittive in the US market, leaving the door open for some US producers...

Who wins? US producers / US government
Who lose? US consumers / Foreign producers
Quoting Guest
probably most of americans have businesses in mexico and can earn by this rule by raising prices of products.
Us people who have business in mexico will do the exact opposite, my friend. They will underevaluate the invoice, so the 20% tax will be on a smaller portion than the real costs.

That's how it's done in China to minimize the huge tax rate.

People get very creative to pay less taxes, you americans will know what to do when the tax is implemented !
Quoting Idoscon
wall will not stop emigrants, they will built tunnels below that wall......
They'll have to dig deep cause it is being built underground as well to stop that. Also with drones patrolling the wall too. Any immigrants who then get through all that Trump will probably hirer purely because of the ingenouity and determination of the person.
  •  Guest
  • | IP XXX.XXX.7.175
Quoting AiWoZhongHua
It's paid ultimately by the consumer in all cases, the mexican producers will see their sales drop since they become 20% less competittive in the US market, leaving the door open for some US producers...

Who wins? US producers / US government
Who lose? US consumers / Foreign producers



yep you are right
Quoting AiWoZhongHua
It's paid ultimately by the consumer in all cases, the mexican producers will see their sales drop since they become 20% less competittive in the US market, leaving the door open for some US producers...

Who wins? US producers / US government
Who lose? US consumers / Foreign producers
This depends on the category of goods.

If it is auto parts produced only in Mexico,
Or some agriculture, produced only in Mexico
Or if their were super cheap until now and will continue to be competitive after 20% tax.

All of this will be paid by the Trump's voters
Funny, this will be paid by usa citizens, but the way is presented would seem like others will pay for it. The tax evader wants to charge taxes, the world upside down.
Indicators always obey Price, not the other way.
Quoting Sniper2000
20% on $60 billion = $12billion. Thats Mexicos contribution to the wall. lol.
Thats Mexico's trade surplus with the USA.

The real number infact is Mexico exports $315 billion to the USA in 2015.

20% is $60 billion + per annum.

Looking forward in seeing bit of nice landscape gardening with this as well.
So let me get this straight...20% taxes on imports... so before there were no JOBS and now during mr trump's time in office...there will be no jobs and on top of that many items will be 20% more.... so things will be more and money will be less.....wow...yes we are making America Great again ! LOL
Love Cars & Money !
  •  Guest
  • | IP XXX.XXX.214.6
Ultimately US producers and US workers / US government eventually surely will wins.

Foreign producers will have to wait next four years
  •  Guest
  • | IP XXX.XXX.254.68
No one mentioned that mexicans that live in America send enormous quantities of money back to their families, he'll be targeting that for sure.
Quoting ikouki
How does this affect USD against other pairs? It doesn't seem to be market moving with the majors.
Well this wouldn't probably impact majors, but be rest assured that this isn't good for Mexican pose.
Quoting Sniper2000
20% on $60 billion = $12billion. Thats Mexicos contribution to the wall. lol.
Yeah, paid for by the US consumers buying Mexican products. Duh
Everything will be okay in the end. If it's not okay, it's not the end.
Quoting lasty
Thats Mexico's trade surplus with the USA.

The real number infact is Mexico exports $315 billion to the USA in 2015.

20% is $60 billion + per annum.

Looking forward in seeing bit of nice landscape gardening with this as well.
Didn't really think this through did you!
What will the Mexican government do if Trump imposes a 20% Tariff on their goods? Can you work it out for yourself or do you need some help?
Everything will be okay in the end. If it's not okay, it's not the end.
Mexico will put also 20% border tax and ship the goods to Canada by ships
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  •  Guest
  • | IP XX.XX.14.83
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  • Story Stats
  • Posted: Jan 26, 2017 2:58pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 21  /  Views: 6,340