Our server costs ~$56 per month to run. Please consider donating or becoming a Patron to help keep the site running. Help us gain new members by following us on Twitter and liking our page on Facebook!
Current time: August 3, 2025, 3:48 am

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Trump orders wall to be built on Mexico border
RE: Trump orders wall to be built on Mexico border
(January 27, 2017 at 11:49 am)Tazzycorn Wrote:
(January 27, 2017 at 10:20 am)A Theist Wrote: Trump is threatening Mexico with up to a 20% tax on their imports. If he makes good on that it will be more than enough to pay for the wall.

So I take it you're ok with US citizens about 35% more for goods imported from Mexico then?

Because that's what an import tax means, the buyers at the end of the chain pay it (plus a little extra built in at each step).
No I'm not okay with it, and where did I say that I supported getting involved in a trade war? As far as Trump raising taxes on imports coming from Mexico, all I did was tell what I saw on the news. I never said anything about whether I supported it or not. President Herbert Hoover did something similar to that just prior to the Great Depression. His intentions were in the right place to help put Americans to work and to help our farmers during a recession that we were going through at the time. It worked for a while until a coincidence of economic downturns began happening across the world. In retaliation other nations started raising import taxes on American goods.

Here's something else for discussion....The Tariff Act of 1930

Quote:The Tariff Act of 1930 (codified at 19 U.S.C. ch. 4), otherwise known as the Smoot–Hawley Tariff or Hawley–Smoot Tariff,[1] was an act sponsored by Senator Reed Smoot and Representative Willis C. Hawley and signed into law on June 17, 1930. The act raised U.S. tariffs on over 20,000 imported goods.[2]

The tariffs (this does not include duty-free imports – see Tariff levels below) under the act were the second-highest in the U.S. in 100 years, exceeded by a small margin by the Tariff of 1828.[3] The Act and following retaliatory tariffs by America's trading partners helped reduce American exports and imports by more than half during the Depression;[4] but economists disagree by how much.


https://en.wikipedia.org/wiki/Smoot%E2%8...mic_events
"Inside every Liberal there's a Totalitarian screaming to get out"

[Image: freddy_03.jpg]

Quote: JohnDG...
Quote:It was an awful mistake to characterize based upon religion. I should not judge any theist that way, I must remember what I said in order to change.
Reply



Messages In This Thread
RE: Trump orders wall to be built on Mexico border - by Cato - January 26, 2017 at 3:06 am
RE: Trump orders wall to be built on Mexico border - by Aegon - January 26, 2017 at 10:08 am
RE: Trump orders wall to be built on Mexico border - by Aegon - January 27, 2017 at 10:26 am
RE: Trump orders wall to be built on Mexico border - by A Theist - January 27, 2017 at 2:11 pm

Possibly Related Threads...
Thread Author Replies Views Last Post
Thumbs Up President Biden orders mass deportation of immigrants onlinebiker 135 12685 September 22, 2021 at 8:49 pm
Last Post: Angrboda
  100th Aniversery of the Black Wall Street Masacre. Brian37 8 1413 May 28, 2021 at 7:27 pm
Last Post: BrianSoddingBoru4
  Subway crash in Mexico City. Brian37 11 1923 May 4, 2021 at 12:20 pm
Last Post: BrianSoddingBoru4
  Conservatives charged in border wall fraud Silver 5 837 August 20, 2020 at 1:42 pm
Last Post: Brian37
  Border Control Gets Bipartisan Support onlinebiker 20 2750 August 6, 2020 at 11:05 pm
Last Post: The Architect Of Fate
  Turkey's Erdogan orders the conversion of Hagia Sophia back into a mosque AniKoferBo 91 9809 July 15, 2020 at 4:44 pm
Last Post: Little lunch
  North Carolina orders new election. Brian37 4 1032 February 22, 2019 at 5:46 pm
Last Post: Brian37
  Donald Trump Jr. compares border wall to zoo fences that hold animals WinterHold 3 517 January 10, 2019 at 9:43 am
Last Post: Brian37
  CA judge orders warning on coffee. brewer 15 2139 April 7, 2018 at 6:13 pm
Last Post: Minimalist
  Make MAGA pay for the Wall Street Brian37 40 6529 April 3, 2018 at 3:15 pm
Last Post: Brian37



Users browsing this thread: 1 Guest(s)