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[–] 6u65868686 1 point -1 points 0 points (+0|-1) ago
Yeah except that dumbass started talking shit and refused to negotiate, because he's not smart enough to see what Trump was offering. Now he looks like a dick, and we get more import taxes. Trump should apply that rate to all imports and give everyone free healthcare, and use the extra to pay down the debt.
[–] guinness2 1 point -1 points 0 points (+0|-1) ago (edited ago)
Trump has no intention of implementing a 20% import tax. This is just negotiation strategy and Nieto's refusal to negotiate is a negotiating strategy too. Let's just see how this plays out... because I suspect it will end up with a completely alternate solution that Trump's already chosen or an import tax of 0.5%.
[–] 6u65868686 ago
More like 10%. It has to have enough kick to cover both the devalued currency and slave labor to achieve the goal of keeping companies from moving there.