Mexico's president cancels White House meeting after Trump warning

[Noradin]

He will just seize the money some other way if they don't acquiesce. I don't know why war would be the first thing you'd think of.

So he will take money from his citizens when they try to buy things abroad?

[NED funded]

http://www.americanthinker.com/artic...on_policy.html

Here's the crux of it

http://humanevents.com/2006/05/08/me...-here-at-home/

This is outdated. Many Mexicans may not even know it, but immigration laws went under significant changes in 2011 ( Probably to hide the hipocrisy)

[Glorious Leader]

AP says the wall will cost $15 billion which probably means $30 billion.

On the other hand it will put a lot of people to work including a lot of Mexican-Americans who used to be illegal or were born to illegal parents which is a little ironic.

The wall would be keynesian stimulus of epic proportion assuming it actually increases the defecit and isnt offset by cuts or tax increases.

[Flarelaine]

oh... china is so fucking happy... the US just handed them vietnam, laos, cambodia, mexico, peru, argentina, chile, bolivia, brazil and subsaharan africa

Tbh they have been buying up Africa and Central America for years. Only change is they now get them in bulk instead of piecemeal.

[Glorious Leader]

And as result you've got much worse living conditions that before, unemployment and astronomic debts you can never repay.

To be clear this is less a result of the fall of communism and more a result of neoliberal economics. Destitution and mass emmigration.

[Flarelaine]

Nah the dollar will still be the world currency. It's value is derived from the stability we have.

That just went out the window, buddy. Stability needs reliability. Temper tantrums trashing trade deals left and right are rather antithetic to that.

[Techno-Druid]

China is in Africa to abuse their natural resources the plan is to strip mine everything of worth not trade with them as a long term partner. They are setting up colonies like England France and Germany did before them.

Observing the relationship between China and Africa for the last two years or so, what China is doing now in Eastern, Central and Southern Africa isn't very different from what the US has done with Western Europe, Japan and South Korea.

They want to build up countries like Angola, DR Congo, Kenya, Tanzania and even North African countries like Egypt because it's ultimately does little but benefit them.

Chinese companies, both state-operated and private capitalizing on a growing African middle class that has mostly been ignored by much of the West.

State-run Chinese companies are building railroads and even building or developing entire cities. They're also producing TVs (with Chinese channels dubbed in Swahili), vehicles and other valuable electronic devices, all while hiring African workers. Private, small businesses from China are also migrating to Africa and helping stimulate agriculture in countries like Zimbabwe and Zambia).

Chinese culture is also starting to leak into some African countries with Confucian schools and Chinese books translated into African languages.

What the US has done to Japan and South Korea will eventually be replicated in Africa by China, but it will not to a colonial effort, but an economic and cultural one.

[Deianeira]

Just withhold federal funds earmarked for Mexico. Would be simple as that. Paul Ryan seems on board, so Congress would likely allow it.

YE and then it would bi hilarious to see Mexico partner up with China and allow them to place a Navalbase there. Or the Russians.

[Low Hanging Fruit]

YE and then it would bi hilarious to see Mexico partner up with China and allow them to place a Navalbase there. Or the Russians.

It would be a shame for sure. It would essentially lead to WW3 and then end of most civilization as we understand it. But hey I am glad your thinking big picture here instead of just "haha look at USA"

[Draco-Onis]

It would be a shame for sure. It would essentially lead to WW3 and then end of most civilization as we understand it. But hey I am glad your thinking big picture here instead of just "haha look at USA"

I don't see how it would if the Russians built a base in Mexico Trump would welcome them with open arms and praise Putin as he always has.

[Low Hanging Fruit]

I don't see how it would if the Russians built a base in Mexico Trump would welcome them with open arms and praise Putin as he always has.

I cannot help your lack of vision. I suggest going to the optometrist for the mind.

[Thepersona]

I cannot help your lack of vision. I suggest going to the optometrist for the mind.

it's trump the one who we're talking about. he's at cahoots with the ruskies, so his government allowing a base on the doorstep wouldnt be a problem, even if the GOP and the dems shiver in fear for his imbecility.
what will happen if this goes, is that china will become a major trade partner of mexico, diminishing the power of the US in the process

[Deleted]

So what you are saying is.... that even though the wall isn't finished yet it already prevented a Mexican from coming to the US?

[TwistedSkull]

Trump: Ruining US a day at a time.

[Felya]

It would be a shame for sure. It would essentially lead to WW3 and then end of most civilization as we understand it. But hey I am glad your thinking big picture here instead of just "haha look at USA"

It would not be WW3, it will destroy our economic position, even one geographically established. In fact, for it to happen, the events that need to play out for it to happen, will leave US in no position to engage in a world war.

Remember, an arms race didn't stop USSR from being a superpower. A war didn't stop USSR from being a superpower. The thing that ended the great evil of USSR was their inability to perform in the global market. China faced the same thing, where their isolationism was doing no favors. Both of those were the result of similar sanctions that Trump suggests we impose on our selfs. Perestroika ended USSR's super power status... just like US, the only country that can bring US down is another world superpower and there is only one left to do it... US...

[Deianeira]

People saying Mexico will trade with China don't realize that China wants to export their products not import products from a third world country.

Mexico is not a large enough market for China and China is not interested in Mexican exports with the exception of oil and they already get some from Mexico.

The US market is massive no country on earth comes close Mexico needs the US not the other way round.

The real reason why Mexico is throwing a fit is because illegal immigration makes them money. Billions of dollars poor across the border every year from illegals in the US.

http://money.cnn.com/2016/09/01/news...mp-remittance/

The wall would have an adverse effect on future remittances and Mexico wants to keep milking that cow.

And all these Mexicans that work abroad are illegals? Because if they are not how would they possibly be able to say to them that they are not allowed to send money where they want? If you want money to build the wall tell the megacorporations to pay their taxes in the US instead.

[Breccia]

http://www.forbes.com/sites/eriksher.../#adbe838455e7

Americans Will Pay For Trump's Wall Even With A Mexican Import Tax

Questions of immigration and Donald Trump's promises of a wall between the US and Mexico have been hot and heavy since the election campaign. Only, now it's time for action, not talk. Yesterday, Trump signed an executive order to begin construction of the wall.

Forget immigration policy or how effectively the wall, which is more a continuation of the nearly 600 miles of fence already built, will slow entry. (Ladders are cheap and tall.) Instead, consider who's paying for the construction. It turns out that, no matter how it's phrased, American citizens will pay for the wall, probably through increased prices on goods that could be a burden to the economically disadvantaged.

The question is important. Senate leader Mitch McConnell estimated that construction will cost between $12 billion and $15 billion. That's a drop in the bucket in one sense, given that the annual budget is several trillion dollars. But to put that into a different perspective, the 2016 budget the Department of Transportation requested for the Federal Highway Administration was $51.3 billion "to maintain and improve the safety, condition, and performance of our national highway system, and enable FHWA to provide effective stewardship and oversight of highway programs and funding."

The wall is one expensive piece of construction, running perhaps as much as 29 percent of what the nation spends in one year on national highways. The amount the Department of Homeland Security requested for the fiscal year 2017 for the entire U.S. Immigration and Customs Enforcement (ICE) organization is $13.9 billion. Ice would need a budget more than doubled in size to manage the project.

During the election and even now, Trump promised that Mexico would absolutely pay for the wall. Mexican officials, including the country's president, have said that they absolutely won't.

In the past, Trump said that there were two ways Mexico might pay. One would be a direct payment. The other would be imposition of a tax of some sort, although previously he offered no details. The latest details are that he is proposing a 20 percent tax on all imports from Mexico.

Those who favor a wall may think this is a smart move. However, there's a catch. Taxes on imports, otherwise known as duties, aren't paid by the companies sending goods from other countries, as the U.S. Customs and Border Protection explains.

The importer is ultimately responsible for paying any duty owed on an import. Determining duty can be very complicated, and while shipping services will often give an estimate for what the duty rate on an item might be, only CBP can make a final determination about what is owed. You should not be misled into thinking your purchase price includes duty because the seller cannot say with absolute certainty what the duty will be. As a rule, a purchase price that includes shipping and handling does not include duty or any costs associated with clearing the goods through CBP. First time importers are often surprised by bills they receive for duty, U.S. Customs and Border Protection merchandise processing fee, and something referred to as "customs fees," which are actually charges for the services of the broker who cleared your goods through CBP.

The entities responsible for paying the tax are the companies in the U.S. that are importing the goods. They, in turn, pass the costs along to their customers, which eventually charge consumers. And even if somehow the U.S. could force Mexican companies to pay the duties, those companies would just raise their prices to cover the extra cost.

[Puremallace]

One thing I do not think people will understand. Up until last week Mexico and the US were allies since the post WW2 era. Our trade deficit with them is 60 Billion. Meanwhile our trade deficit with China is 460 BILLION! If Trump went after an ally so unhinged wait till he sets his sites on China.

If we make it to 2020 the political landscape of the world is going to look very different.

[Draco-Onis]

One thing I do not think people will understand. Up until last week Mexico and the US were allies since the post WW2 era. Our trade deficit with them is 60 Billion. Meanwhile our trade deficit with China is 460 BILLION! If Trump went after an ally so unhinged wait till he sets his sites on China.

If we make it to 2020 the political landscape of the world is going to look very different.

Trump doesn't seem to understand how trade deficits work, he see trade deficits as losing while the world is not so black and white. This is going to be a weird environment where the entire world will be cheering for China and the US will be the big bully everyone hates.

[Puremallace]

Trump doesn't seem to understand how trade deficits work, he see trade deficits as losing while the world is not so black and white. This is going to be a weird environment where the entire world will be cheering for China and the US will be the big bully everyone hates.

Think people are forgetting cheap shit from China and Mexico has subsidized the piss poor wage gains for people in the middle class. Made in America sounds great till you see the cost at the store.