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spanone

(135,852 posts)
Sat Jan 14, 2017, 07:09 PM Jan 2017

he's not even in office yet! Mexico!

Mexico's economy minister sent Donald Trump a fighting message: We will retaliate right away if you hit us with a "major border tax."

"It's very clear that we have to be prepared to immediately be able to neutralize the impact of a measure of that nature," economy minister Ildefonso Guajardo said Friday on a Mexican news show.

Guajardo also predicted that Trump's threat of a 35% tariff against Mexico, if carried out, would result in a "global recession" because it would inhibit companies from producing outside the U.S.

"It would be a problem for the entire world," Guajardo warned. A Trump tariff "will have a wave of impacts that can take us into a global recession," Guajardo said, speaking in Spanish.

In recent weeks, Trump has zeroed in on companies manufacturing in Mexico and selling products in the United States, threatening them with a "major border tax" of
35%.


http://money.cnn.com/2017/01/14/news/economy/donald-trump-mexico-tariffs-response/index.html

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he's not even in office yet! Mexico! (Original Post) spanone Jan 2017 OP
For anyone who understands Wellstone ruled Jan 2017 #1
Reminds me, I have to bail on my 411 this week. underpants Jan 2017 #2
Trump's not really serious about a wall and tariffs ... it's all just locker room talk Auggie Jan 2017 #3
 

Wellstone ruled

(34,661 posts)
1. For anyone who understands
Sat Jan 14, 2017, 07:15 PM
Jan 2017

the how and why of a Global Economy,this story is a great primer. And again,we have people making statements that just do not have a clue.

underpants

(182,844 posts)
2. Reminds me, I have to bail on my 411 this week.
Sat Jan 14, 2017, 07:20 PM
Jan 2017

It was just play money anyway. I actually have a pension.

Auggie

(31,174 posts)
3. Trump's not really serious about a wall and tariffs ... it's all just locker room talk
Sat Jan 14, 2017, 08:08 PM
Jan 2017

Expect a bullshit response like that from him. Seriously.

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