Forum Discussion
John___Angela
Jan 10, 2017Explorer
Walaby wrote:Charlie D. wrote:
A number of Mexican officials are lamenting that new jobs will not be forthcoming and lay offs are expected.
I am not saying threats of heavy import taxes has anything to do with it.
Oh no! Layoffs for Mexican workers? I for one, am glad to see it. Doesnt matter to me if this was in the planning stages before Trump or not. Bottom line, more jobs for Americans, and right now, that's all that matters.
I don't care if Trump takes credit for it or not. Not like Obama hasn't taken credit for things he had no influence on, but 'happened' during his watch.
I personally think his positions that he has taken has influenced businesses to rethink what they are doing. And I like the idea of using every tool in your arsenal, to include threats of higher tariffs in order to influence businesses to move back.
Mike
Although every one likes to see jobs come to their country I think the concern is that he is firing off these threats without looking at consequences. Currently five million American jobs are directly attributed to American exports to the very quickly growing Mexican middle class. Starting a tariff war could cost the livelihood of millions of Americans. Countries like Argentina, Brazil and Canada could benefit "bigly" from a trade war between the US and Mexico as that growing middle class is going to buy their products from someone. There are always two sides to a story. I just think negotiation works better in situations like this. Latin America countries are already looking at possible scenarios depending how things go including alternate trade and defense alliances. Sometimes it pays to play nice with neighbours that have options.
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