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Trump slaps Mexico with 5% tariffs on EVERYTHING until it solves US immigration problem


               
2019 May 30, 6:02pm   2,058 views  19 comments

by WillPowers   follow (4)  

A five percent tariff on all goods coming from Mexico will go into effect on June 10, and will gradually increase up to 25 percent until the illegal immigration problem is resolved, US President Donald Trump has announced.

Invoking the International Emergency Economic Powers Act, Trump said the US will start at five percent, but keep ratcheting up by another five percent every month, culminating with 25 percent beginning in October.

SOURCE ZeroHedge and: https://www.rt.com/news/460688-trump-mexico-tariffs-immigration/

This, after the Mexican government asked Trump for $10 billion to boost their economies in response to the migrant crises.

SOURCE: https://www.chicksonright.com/youngconservatives/2019/05/24/instead-of-paying-for-wall-mexico-tells-u-s-to-pay-them-10-billion/

Comments 1 - 8 of 19       Last »     Search these comments

2   MisdemeanorRebel   @   2019 May 30, 10:15pm  

Mexico is now paying for the Wall.
3   REpro   @   2019 May 30, 10:30pm  

Tomorrow, some stupid judge will block it. Pain in governing.
4   WillPowers   @   2019 May 30, 10:55pm  

HonkpilledMaster says
Mexico is now paying for the Wall.


BIG Laugh!
5   CBOEtrader   @   2019 May 30, 11:16pm  

REpro says
Tomorrow, some stupid judge will block it. Pain in governing.


Yeah, Trump kicks too much ass for anyone else in politics to even play along
6   zzyzzx   @   2019 May 31, 8:24am  

Stock market is butt hurt over this. Screaming buy opportunity.
7   zzyzzx   @   2019 May 31, 9:04am  

HEYYOU says
How long before layoffs?


Layoffs in Mexico don't bother me.
8   Heraclitusstudent   @   2019 May 31, 11:49am  

I thought Trump reached a trade deal with Mexico and Canada after long negotiations.
https://en.wikipedia.org/wiki/United_States%E2%80%93Mexico%E2%80%93Canada_Agreement
https://www.atr.org/trump-reaches-deal-mexico-canada-end-tariffs

But of course Trump is not an ideologue. He's not pragmatist either.... More like an impulsive kind of guy.
It's like "Hummm what am I gonna do today???"... "Hummmm let's screw with wet backs at a bit"...
"We reached a deal few days ago?? Who cares? Let's throw this away and start a new."
There's no possible deal with Trump, because he's not consistent.

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