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Rumor Mill News Reading Room, Current Archive

Mexico hits back at U.S. tariffs with measures on farm, steel products - Damn, I hoped they were taking back their Illegals!!

Posted By: RumorMail
Date: Wednesday, 13-Jan-2021 05:52:13
www.rumormill.news/100222

In Response To: Trump to Remove Tariff Exemption From EU, Canada, Mexico- They Gots to Pay! (RumorMail)

Well bummer.. I thought Mexico would take back a Few Million of their illegals !!

Mexico is lying.. If anything, this Tariff will HELP Small farmers so they can Sell to AMERICANS!
This is from Wikipedia...
Main EXPORT crops include corn, sugarcane, sorghum, wheat, tomatoes, bananas, chili peppers, oranges, lemons, limes, mangos, other tropical fruits, beans, barley, avocados, blue agave and coffee.[13] The most important crops for national consumption are wheat, beans, corn and sorghum. The most important export crops are sugar, coffee, fruits and vegetables, most of which are exported to the United States.
https://en.wikipedia.org/wiki/Agriculture_in_Mexico

*************************************

Mexico responded to U.S. steel and aluminum tariffs by imposing wide-ranging "equivalent" measures on farm and industrial products, the economy ministry said on Thursday, ratcheting up tensions during talks to renegotiate NAFTA.

The United States on Thursday morning said it was moving ahead with tariffs on aluminum and steel imports from Canada, Mexico and the European Union, ending a two-month exception and threatening to ignite a trade war.

The Mexican measures, which target pork legs, apples, grapes and cheeses as well as steel, could hit farm states that are a bastion of support for U.S. President Donald Trump, ahead of American midterm elections in November.

The Mexican measures will be in place until the U.S. government eliminates its tariffs, the ministry said.

"Mexico profoundly regrets and condemns the decision by the United States to impose these tariffs on imports of steel and aluminum from Mexico," the ministry said.

"Mexico reiterates its openness to constructive dialogue with the United States, its support for the international commerce system and its rejection of unilateral protectionist measures," it said.

Mexico buys more steel and aluminum from the United States than it sells. It is the top buyer of U.S. aluminum and the second buyer of U.S. steel, the economy ministry said.

The countermeasures will hit U.S. hot and cold rolled steel, plated steel and tubes, the ministry said.

The United States, Canada and Mexico have been renegotiating the North American Free Trade Agreement, which governs trade between the three countries.



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Articles In This Thread

Trump to Remove Tariff Exemption From EU, Canada, Mexico- They Gots to Pay!
RumorMail -- Wednesday, 13-Jan-2021 05:52:13
1,100 economists warn that Trump is repeating one of the biggest mistakes of the Great Depression
NaturalWisdom -- Wednesday, 13-Jan-2021 05:52:13
MISES INSTITUTE: American Tariffs and Wars From the Revolution to the Depression
NaturalWisdom -- Wednesday, 13-Jan-2021 05:52:13
Reader: Tariffs are meant so people will buy more domestic products rather than imported ones
RumorMail -- Wednesday, 13-Jan-2021 05:52:13
Reader: They promote buying products from our own country and not out sourcing quite as much.
RumorMail -- Wednesday, 13-Jan-2021 05:52:13
Why We Learn Nothing about Trade
NaturalWisdom -- Wednesday, 13-Jan-2021 05:52:13
Reader: We are not fighting against nations we are fighting against CORPORATIONS and corporate nations
RumorMail -- Wednesday, 13-Jan-2021 05:52:13
Mexico hits back at U.S. tariffs with measures on farm, steel products - Damn, I hoped they were taking back their Illegals!!
RumorMail -- Wednesday, 13-Jan-2021 05:52:13
Reader: TY Pres Trump!! About Time Someone Stood Up for US!!
RumorMail -- Wednesday, 13-Jan-2021 05:52:13
Reader: All Corporations and businesses factor in taxes to the final cost of a product. You and I pay ALL taxes
RumorMail -- Wednesday, 13-Jan-2021 05:52:13

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AN EXPLANATION OF THE FACTIONS