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[–] guinness2 1 point -1 points (+0|-1) ago  (edited ago)

Now he looks like a dick, and we get more import taxes

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%.

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[–] 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.

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[–] guinness2 ago  (edited ago)

1% would pay the $20 billion in just over 7 years not accounting for inflation.

My estimates are only concerned with the wall cost and not any other foreign policy financial incentives.