ZeroHedge-
President Trump on Saturday morning fired off two trade warning letters via Truth Social, threatening to impose 30% tariffs on all Mexican and European imports starting August 1. The warning to Mexico hinges on action to curb the flow of fentanyl and dismantle drug cartels, while the threat to Europe demands an end to long-standing trade imbalances driven by EU tariffs and non-tariff barriers. This caps off a week of letters sent to America’s top trade partners, with tariff threats used as a negotiation tool by the Trump administration to seal deals.
“Despite our strong relationship, you will recall, the United States imposed Tariffs on Mexico to deal with our Nation’s Fentanyl crisis, which is caused, in part, by Mexico’s failure to stop the Cartels, who are made up of the most despicable people who ever walked the Earth, from pouring these drugs into our country,” Trump said in the letter addressed to Mexican President Claudia Sheinbaum Pardo.
He continued, “Mexico has been helping me secure the border, BUT, what Mexico has done, is not enough. Mexico still has not stopped the Cartels who are trying to turn all of North America into a Narco-Trafficking Playground.”
Here are the key points in the letter: Read more
Like I’ve been saying, we don’t need any of these countries. If my re fried beans go up 25 cents I don’t care. The amount of money, U.S, currency, illegals send back to Mexico is mind boggling. It’s a big percentage of their GDP. That needs to stop. Now. Fuck em.
interesting shit. At least in my little mind. The BBB provides a full right off for financed vehicles assembled in America> Very cool idea. Dodge? Hell no. GMC, rarely. Ford? most of the time. Mercedes SUVs? yep. BMW suvs? Yep. Anything KIA? Pretty much. Jap Highlanders? Yep. I could go on.
Oh but I love fruits and vegetables from other countries that have been picked too early and are scarred from freezer burns when they arrive at the market.
@Brad: ” It’s a big percentage of their GDP.” Remittances from the U.S. used to be #3 behind oil and tourism. It’s probably #2 behind illegal drugs by now.
We shouldn’t try to tax remittances; we should seize them entirely. It is money being sent to a foreign enemy.
If we cut off all public funding and take every bit of money they try to send home, the problem will be finding enough planes to get these pieces of shit out of our country when they line up to go on their own. Fuck every one of them.
I reckon I can live awhile without Knipex pliers, Dodge, or Deere.