Shoot, wait till Mexico will do more open trades with China. That will get Trump to rethink about Mexico paying for building that border wall.
Just take it out of the financial aid the US gives to Mexico
American Economics Thread
- Thread starter Bernard
- Start date
Just take it out of the financial aid the US gives to Mexico
plawolf
Lieutenant General
Foxconn is a Taiwanese company. Makes me wonder how much of a role the Taiwan regime had in this development.
Payment for the Trump phone call? If so, that's one well of a premium call!
Equation
Lieutenant General
Assembly line jobs somewhere in the red states where union workers are non existence or have very little power and hiring of only a few thousand jobs the most before laying them off again after a dozen years for minimal wages?
b787
Captain
highly unlikely you will see that.
Mexico has 30 million people in the USA, trump will fail, the US worker is paid 16 times more than a Mexican, already BMW said not to trump, the US consumer will pay more for their cars, their food, in fact i am as a Mexican happy to see Trump doing all those foolish things, he will destroy the US economy, in fact in order to compete with China, the USA needs Mexico, I see stronger Mexico in 2025, and a weaker USA in that time, China will be stronger, Mexico will be stronger and South America will finally get rid of US dominance
b787
Captain
the people are very angry, the politicians very afraid, the question is Mexican workers are getting poorer, the USA more intransigent and demanding more and more, the string will break, as you said they will ask who lost Mexico
see this video people are already asking for more links with China
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plawolf
Lieutenant General
Trump just announced he is actually going to build his magical Mexican wonder wall.
Huge surge in Mexican imports of Chinese ladders and shovels soon?
On a more serious note, I wonder just how he plans on making Mexico pay for this folly? Any extra duty or tarriff will surely break WTO rules?
The only way I can see him doing that without the WTO ripping him a new one is if it is explicitly not related to trade. So maybe if the US introduced new legislations to bill Mexico for US boarder security costs (by arguing Mexico isn't doing its 'fair' share to stop illegal immigration), which will include the wall costs.
Then the US could bill Mexico for the wall, and seize Mexican government property inside the US if Mexico refuses to pony up.
Not an expert on international law, so not sure if there are any laws that would prevent this, but I think this will at least get around the WTO issue.
The other question is I am not sure if the Mexican government has $8bn of property in the US for Trump to seize if he did go down this route.
Trying to seize the property of Mexican companies and/or individuals to make good on the 'debt' of the Mexican state is unlikely to fly.
But this is Trump after all. He may just say 'sod it' to all the rules and laws and just bank on raw US power to bully weaker countries, safe in the knowledge they haven't got the strength to fight back even with the WTO and every other court in the world backing them.
If Trump wants to make the US a rouge state and Congress hasn't got the balls to stop him, there isn't really any power on earth that can stop him really.
The likes of Russia and China will fight their own corners and defend their own interests, but everyone else is either too weak or too subjugated by the US to have the will to stand up against the US.
Huge surge in Mexican imports of Chinese ladders and shovels soon?
On a more serious note, I wonder just how he plans on making Mexico pay for this folly? Any extra duty or tarriff will surely break WTO rules?
The only way I can see him doing that without the WTO ripping him a new one is if it is explicitly not related to trade. So maybe if the US introduced new legislations to bill Mexico for US boarder security costs (by arguing Mexico isn't doing its 'fair' share to stop illegal immigration), which will include the wall costs.
Then the US could bill Mexico for the wall, and seize Mexican government property inside the US if Mexico refuses to pony up.
Not an expert on international law, so not sure if there are any laws that would prevent this, but I think this will at least get around the WTO issue.
The other question is I am not sure if the Mexican government has $8bn of property in the US for Trump to seize if he did go down this route.
Trying to seize the property of Mexican companies and/or individuals to make good on the 'debt' of the Mexican state is unlikely to fly.
But this is Trump after all. He may just say 'sod it' to all the rules and laws and just bank on raw US power to bully weaker countries, safe in the knowledge they haven't got the strength to fight back even with the WTO and every other court in the world backing them.
If Trump wants to make the US a rouge state and Congress hasn't got the balls to stop him, there isn't really any power on earth that can stop him really.
The likes of Russia and China will fight their own corners and defend their own interests, but everyone else is either too weak or too subjugated by the US to have the will to stand up against the US.
Foxconn's Terry Guo is no fan of Tsai Ingwen and the DPP (his whole family are ''blue'' supporters). his possible setting up a plant in the US is just a business decision to curry favors with Trump. since he makes so many of those Iphones, making some in the US is just good PR with the new administration.
