https://www.nytimes.com/2017/01/26/...reakingNews&contentID=64842749&pgtype=article
In my opinion paying for it (this way) would be the easiest part of building the wall.
The USA, Mexico (and Canada) are members of the North American Free Trade Agreement (Nafta). Members of Nafta do not do not impose tariffs on most imports from each others Nations. The U.S. does impose tariffs on imports from other nations.
A governmental website claims that this agreement actually helps U.S. businesses. This is because Mexico imports more goods from the USA than what they export (tariff free) to the USA. Therefore the trade balance benefits the U.S. https://ustr.gov/trade-agreements/free-trade-agreements/north-american-free-trade-agreement-nafta
Naturally others disagree.
This is my opinion:
I am sure that this is just a starting proposal. Mexico (as well as many in the USA) will balk at this. Trump's team will counter with another proposal.
Even if the percentage of the tariff is lowered it should provide enough money to build the wall.
There will (no doubt) be exceptions to the tariff.
Probably some produce would be imported duty free at out of season times. Therefore U.S. citizens will still have cheap fresh produce.
If this is restricted to out of season times (since it can't be grown here then) It shouldn't hurt U.S. farmers.
Mexico will then counter propose to import things tariff free from the U.S.
It is what we would call Horse trading.
I knew that would be how it would be paid for. This should have been obvious to those saying that making Mexico pay would be impossible.President Trump plans to make Mexico pay for his border wall by imposing a 20 percent tax on all imports into the United States from Mexico, raising billions of dollars that would cover the cost of the new barrier.
In my opinion paying for it (this way) would be the easiest part of building the wall.
The USA, Mexico (and Canada) are members of the North American Free Trade Agreement (Nafta). Members of Nafta do not do not impose tariffs on most imports from each others Nations. The U.S. does impose tariffs on imports from other nations.
A governmental website claims that this agreement actually helps U.S. businesses. This is because Mexico imports more goods from the USA than what they export (tariff free) to the USA. Therefore the trade balance benefits the U.S. https://ustr.gov/trade-agreements/free-trade-agreements/north-american-free-trade-agreement-nafta
Naturally others disagree.
This is my opinion:
I am sure that this is just a starting proposal. Mexico (as well as many in the USA) will balk at this. Trump's team will counter with another proposal.
Even if the percentage of the tariff is lowered it should provide enough money to build the wall.
There will (no doubt) be exceptions to the tariff.
Probably some produce would be imported duty free at out of season times. Therefore U.S. citizens will still have cheap fresh produce.
If this is restricted to out of season times (since it can't be grown here then) It shouldn't hurt U.S. farmers.
Mexico will then counter propose to import things tariff free from the U.S.
It is what we would call Horse trading.