Trump's Wall

[sheltiedave]

He would hire a contractor to throw her in the river, and then stiff the contractor.

[sheltiedave]

Here are the government figure for trade to/from Mexico since 1985. Trump has said that we are hemorrhaging money to Mexico in an exceedingly one sided NAFTA agreement that only benefits Mexico.

https://www.census.gov/foreign-trade/balance/c2010.html

in 2016, just over 40% of our export net was incorporated into goods that were then imported back into the US. Adjusting the trade figures using this margin corrector, we end up with the following trade balance...

Initial figures in millions
211,848.7 Exports
270,647.2 Imports
-58,798.6 Balance

Corrected Figures
211,848.7 Exports
(270,647.2 x 60%) = 162,388.32 Imports
+ 49,460.4 Balance

WOW, we have a +49.5 MILLION DOLLAR TRADE SURPLUS with Mexico! Trump lies.

[JCricket]

Originally Posted by sheltiedave

Here are the government figure for trade to/from Mexico since 1985. Trump has said that we are hemorrhaging money to Mexico in an exceedingly one sided NAFTA agreement that only benefits Mexico.

https://www.census.gov/foreign-trade/balance/c2010.html

in 2016, just over 40% of our export net was incorporated into goods that were then imported back into the US. Adjusting the trade figures using this margin corrector, we end up with the following trade balance...

Initial figures in millions
211,848.7 Exports
270,647.2 Imports
-58,798.6 Balance

Corrected Figures
211,848.7 Exports
(270,647.2 x 60%) = 162,388.32 Imports
+ 49,460.4 Balance

WOW, we have a +49.5 MILLION DOLLAR TRADE SURPLUS with Mexico! Trump lies.

Hey Dave,
First I am sharp as a marble on my best days. Second, I am NO economist. But even so, I have to ask a few questions on this.

rounded off for simplicity -
$212 million for exports of which 40% will be used to purchase imports. 40% equals about $85M. Our net exports are $127M

Then the imports rounded off are $271M. Since I took the $85M out to buy imports subtract it from the cost of the imports. This gives a net cost of imports of $186M

$127M export - $186M import = -$59M net cash fllow.

Make any sense. If I am way off base or plain nuts, or have absolutely no idea what I am doing, my apologies. I am just trying to wrap my head around these numbers.

Mark

[sheltiedave]

Mark, I meant to write 40% of our imports were first exported, so I got the wording swapped. But not the math.

Mexico turns out to be one of our largest positive balance trade partners, and Trump is trying to screw them. This is how he negotiates.

[JCricket]

got it. thanks!!

[sheltiedave]

There is a grain of truth in most all of Trump's positions. It is our job to read his statements, and then go research the actual facts ourselves, to better understand the total picture. Here is a very good article about some aspects of NAFTA, job creation, and gives you a better understanding of what can happen to the trade spiderweb when Trumps starts hacking away at the main web threads.

Like it or not, the US, Canada, and Mexico are a vastly integrated economy at this point in time. Point in fact is that US car manufacturing plants had to shut down and lay off workers following 9/11 because border security changes slowed cross border shipping down so badly the factories could not get sufficient parts with their JIT inventory models.

https://www.nytimes.com/2016/10/04/u...cost.html?_r=0

[Dondilion]

Trump is aiming for adjustments.

There is a constituency which bore the brunt of the integration. Such supports Trump. This constituency expects him to try.

At least they hope for a reduction in the chaos at the southern border.

[BlueStreak]

Originally Posted by finnbow

At least 3 lies there.

Yep.

Now, it's we get to pay it initially but Mexico will eventually "reimburse" us in a "complex" way. Maybe a "very complex" way.

That's Trumpese for "I'm full of shit, Folks."....................

[Tom Joad]

Originally Posted by BlueStreak

Yep.

Now, it's we get to pay it initially but Mexico will eventually "reimburse" us in a "complex" way.

I knew that's what he meant all along.

Only an idiot would believe that Mexico was going to write us a check.

The US can put plenty of economic pain on Mexico which will result in economic gain for us and loss for them.

[BlueStreak]

I'm wondering what impact a 35% re-importation tariff and a 20% tariff on other imported goods will have on INFLATION.

Again, don't get me wrong, I'd LOVE to see manufacturing return. But, anyone who thinks this won't come with a price is a damned fool. Especially with the simplistic and potentially reckless proposals being tossed about.