A 20% across the board import tax on all goods coming from Mexico. President Trump's Press Secretary cannot even do elementary math, and is one of the most clueless people I have ever heard. He thinks that tariff will raise 10 billion, try six times that amount or sixty billion on over 300 billion of imports.
http://www.msn.com/en-us/news/politics/trump-pitches-then-backtracks-on-border-tax/ar-AAmhO72?li=BBnb7Kz
The worse part this fricking fool does not know who is going to pay for the import tax. The American Consumer. As Lindsey Graham tried to dumb down his response to Spicer, he made it simple......paying more for Tequila is not a good idea. It is much worse than that. The component parts which go into our export industries will now be across the board 20% more expensive. This is like kindergarten children showing up at GATT trade talks in the sixties and seventies with crayons......dear god.....we need to all pray, and hope some traditional Republicans in Congress can slow this train wreck down.
http://www.msn.com/en-us/news/politics/trump-pitches-then-backtracks-on-border-tax/ar-AAmhO72?li=BBnb7Kz
The worse part this fricking fool does not know who is going to pay for the import tax. The American Consumer. As Lindsey Graham tried to dumb down his response to Spicer, he made it simple......paying more for Tequila is not a good idea. It is much worse than that. The component parts which go into our export industries will now be across the board 20% more expensive. This is like kindergarten children showing up at GATT trade talks in the sixties and seventies with crayons......dear god.....we need to all pray, and hope some traditional Republicans in Congress can slow this train wreck down.
Last edited by 2seaoat on 1/26/2017, 9:21 pm; edited 1 time in total