Quote:
Originally Posted by Hugh
1. Raising tariffs on imports - the US consumer/customer would end up paying the extra 20% tax (as it would likely be added on to the price), so Mexico wouldn't be paying
2. Remittances - as the article stated, Mexicans affected by remittances might simply avoid using the wire companies and find undocumented third parties to transfer the cash, so Mexico wouldn't be paying
3. Levying a "border adjustment" tax - it's the same as No. 1, but for all countries (it's just another import tax). Once again, it would be the end consumer (in the USA) who would end up paying this tax, and once again Mexico won't be paying.
4. Increasing travel visa and border crossing fees - as the article states, it probably wouldn't be enough.
2 of the 4 options mean the US consumer pays, not the Mexicans.
btw, previous attempts by the USA (and other countries) to impose extra "import" taxes didn't end well (under WTO rulings).
https://www.cnbc.com/2017/02/28/bord...retaliate.html
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Perhaps you did not get, they will pay for it in some form or other. They, Trump or Congress will try.