In the final analysis, WHO WILL PAY FOR TRUMP'S "TRADE WARS?"

[Jeffersons Ghost]

As Trade War Spreads to Mexico, Companies Lose a Safe Harbor
By Ben Casselman
June 1, 2019

When trade tensions with China flared last year, many companies sought refuge in a country with a long, stable relationship with the United States: Mexico.

Now, that alternative for production and materials may also be in jeopardy with President Trump’s threat to impose escalating tariffs on imports from Mexico, aimed at forcing action on illegal immigration.

In the short term, the tariffs would mean lower profits for American importers and higher prices for American consumers on everything from avocados to Volkswagens.

The United States imported more than $345 billion in goods from Mexico last year, and shipped $265 billion the other way. But if anything, those numbers understate the interdependence...

Mr. Trump has frequently criticized Mexico and the American companies that relocate production there. But his trade policies have largely focused on China, a target of successive rounds of tariffs on billions of dollars in imports.

READ THE COMPLETE N.Y.T. NEWS HERE:
https://www.nytimes.com/2019/06/01/business/economy/trump-trade-tariffs-mexico-cost.html

[no_hypocrisy]

1. Memo to Donald Trump:

Dude, just finish us off this week-end. Tariffs on ALL IMPORTS!

[onecaliberal]

2. American tax payers.