Continuing to prove how totally unqualified he is,
Trump torpedoed talks with our 3rd largest trading partner, insisting THEY pay for his stupid wall, and then threatened a 20% tariff on all goods crossing the border.
The tariff tantrum was the latest in a head-spinning torrent of lies, dangerous policy ideas and threats from the White House since Mr. Trump was sworn in last Friday. They have underscored just how impulsive and apparently ignorant the new occupant of the Oval Office is of international economic and security relationships that serve American interests. His advisers appear unwilling to rein in his impulses or, as in the case of the tariff, hapless as they struggle to tamp them down.
It also could lead to shortages of fresh vegetables and fruits in American grocery stores and drive up the cost of many other consumer goods from Mexico. Mexico’s economy, which is hugely dependent on American trade, would be devastated. But American businesses and workers would stand to suffer immediate harm as well. Mexico would retaliate with tariffs of its own.
The tariff tantrum was the latest in a head-spinning torrent of lies, dangerous policy ideas and threats from the White House since Mr. Trump was sworn in last Friday. They have underscored just how impulsive and apparently ignorant the new occupant of the Oval Office is of international economic and security relationships that serve American interests. His advisers appear unwilling to rein in his impulses or, as in the case of the tariff, hapless as they struggle to tamp them down.
It also could lead to shortages of fresh vegetables and fruits in American grocery stores and drive up the cost of many other consumer goods from Mexico. Mexico’s economy, which is hugely dependent on American trade, would be devastated. But American businesses and workers would stand to suffer immediate harm as well. Mexico would retaliate with tariffs of its own.
And trade, by raising wages and the standard of living in Mexico, is a big reason that illegal immigration from Mexico has dropped steadily over the years.
Sending the Mexican economy into a tailspin is the surest way to reverse that trend.
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