Yet, oddly, despite the DNC types claiming that the threat of tariffs wouldn't get any results, and that it was just gonna cost the US purchaser more....and that We (the US) needed Mexican made parts and produce more than Mexico needed the US....
Not only did Mexico choose to start closing their southern border to Central American migrants heading to the US (they already were closed to migrants intending to stay in Mexico....where the immigration laws are even harsher than those in the US) they also began investigating the sources of funds for those "Migrant Caravans"...
And, oddly enough, they found those funds came from "U.S., England, Cameroon, Honduras, El Salvador, and Guatemala"...and those funds were funneled through some "26 individuals and entities"...all of who still have some assets in Mexico...and said assets are now frozen pending an investigation.
The margin of savings when one considers the poorer productivity, increased transportation costs and other issues with production in Mexico for goods produced in Mexico but used in the US mean that the 10% (and soon higher) tariffs would make the savings in labor be nearly nonexistent at the user or consumption end....therefore there would be no reason to continue production in Mexico for many companies......a truism which was, no doubt, communicated by many US companies who source goods and assemblies from our southern neighbor instead of produce them here in the US.
And Mexico desperately needs the money. So they capitulated.
So yeah, those threats from Trump of Tariffs on Mexican goods DID work..... and worked well, indeed. Odd, how when one plays for good, and a leader with balls is in place, and one who puts the good of the country first, how things get done
Not only did Mexico choose to start closing their southern border to Central American migrants heading to the US (they already were closed to migrants intending to stay in Mexico....where the immigration laws are even harsher than those in the US) they also began investigating the sources of funds for those "Migrant Caravans"...
And, oddly enough, they found those funds came from "U.S., England, Cameroon, Honduras, El Salvador, and Guatemala"...and those funds were funneled through some "26 individuals and entities"...all of who still have some assets in Mexico...and said assets are now frozen pending an investigation.
The margin of savings when one considers the poorer productivity, increased transportation costs and other issues with production in Mexico for goods produced in Mexico but used in the US mean that the 10% (and soon higher) tariffs would make the savings in labor be nearly nonexistent at the user or consumption end....therefore there would be no reason to continue production in Mexico for many companies......a truism which was, no doubt, communicated by many US companies who source goods and assemblies from our southern neighbor instead of produce them here in the US.
And Mexico desperately needs the money. So they capitulated.
So yeah, those threats from Trump of Tariffs on Mexican goods DID work..... and worked well, indeed. Odd, how when one plays for good, and a leader with balls is in place, and one who puts the good of the country first, how things get done
1 comment:
"While authorities did not name the individuals or the entities whose assets they froze, they revealed that they would be filing complaints with Mexico’s Attorney General’s Office for prosecution."
What's the over/under that we will learn the identities any time soon? Paging Sharyl Attkisson.
Rick
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