Mexican has tariffs on goods, which come into its country from the United States. The tariffs in many cases are 50%. This is said to help Mexico’s economy. But if you look at all the money being shipped to Mexico each week by migrant and illegal alien workers you see a much different issue brewing. You see their economy growing and not very much money coming back for US Goods in trade. Thus we are upside down in the trade deficit.
Since Mexico will not cooperate in curbing the drug trade into the United States to any large degree and they will not extradite felons which have committed murder in the United States for a fair trial here; we need to charge a 50% export tax on money leaving our country to Mexico. Surely such a radical departure in policy will immediately trigger Mexico to reduce or eliminate entirely that 50% import tax on American goods.
Free trade is fair trade and there is nothing fair about a lopsided import tax system on one side of the equation. The lower or voided out import tax on American goods to Mexico will trigger better quality of life, lower prices and better quality merchandise for Mexican citizens.
The United States is far to lenient on such nations with lopsided trade policies. When we sit down at the trade table and everyone starts talking about level playing fields we need to be firm and slam our fists down on the table when the BULL starts flying our way about how America is greedy or does not care. Sure we do, if these other countries would get rid of their own corruption they would not need such an advantage. The truth is when we lend money to these nations the top tier families steal it and no significant infrastructure is built. Before anyone points a finger at this great nation, they need to get their own greed and corruption figured out on their side of the fence. If they did that maybe we would not need a fence in the first place; think on it. One estimate was 15 Billion dollars per month was going being sent to Mexico from labor here. The export their labor yet we are charged when we export products? What gives? The products that we export do not need public services, like their labor does when it comes here? The trade deficit with Canada and Mexico is said to be 100 Billion per year. Obviously it is more than that if you factor in the costs of public services that the labor uses up?
Do not get me wrong; I am an advocate of free and fair trade with every essence of my soul, but let’s get real we are getting a raw deal.
“Lance Winslow” – If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs