How the introduction of 20% import tax from Mexico will affect Americans - ForumDaily
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How the introduction of 20% tax on imports from Mexico will affect Americans

Фото: Depositphotos

Фото: Depositphotos

President of the United States Donald Trump intends to levy goods from Mexico 20% tax to import, so as to cover the cost of building the wall on the US-Mexico border.

Edition USA Today figured out what the introduction of such a tax would mean for Americans.

This tax will affect the prices of a wide variety of goods: from cars to vegetables and beer.

Tax expert William Gale said that Trump’s irony is that the introduction of such a tax will affect the prices of Mexican goods in the United States, and thus will result in American consumers, not Mexican manufacturers, paying the wall.

According to statistics, in 2015, Mexico delivered $ 295 billion worth of goods to the US, and the States in turn delivered $ 267,2 billion a year to their southern neighbor.

Most of the imports from Mexico are cars, for the purchase of which in the year 2015 Americans spent $ 74 billion. In factories in Mexico are made Chevrolet, Ram, Volkswagen, Ford, Honda, Nissan. At the same time, manufacturers note that the reluctance to move factories to other countries is associated not only with cheap labor in Mexico, but also with the fact that a class of professionals and experienced employees in the automotive industry has already formed in this country, and in other countries personnel will have to be trained from scratch .

In addition, various equipment, medical instruments and mineral fuels are supplied from Mexico to the United States. The Latin American country is also the largest importer of agricultural products into the United States, importing $2015 billion in 21. Some of these products - such as mangoes and bananas - do not grow in the United States, and the introduction of such a tax would raise prices for some food products for Americans by 20%.

The United States also purchases $4,8 billion worth of fresh vegetables from Mexico in 2015, $1,7 billion worth of snacks, $2,7 billion worth of wine and beer, and $1,4 billion worth of canned and processed fruits and vegetables.

Mexico has a significant share in the import of services to the American market in the field of transport, travel and technology. Such imports amounted to about $ 21,6 billion in 2015 year.

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