Originally posted by Redbirds Fan
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We have nearly a 1T trade deficit with Mexico since the start of NAFTA. It was 60B last year ( our deficit with Canada was 9B). Prior to NAFTA that we had a trade surplus with them. A good deal of that comes from US companies building autos there for resale here. I am of the opinion that we need to do something to keep those companies building here with US union workers, even if it does make the price of a car a little higher or the cost of a bottle of tequila a few cents more. Agriculture represents about 9% of our imports from Mexico. Perhaps it would make sense to exempt food from the tariff the way a lot of states exempt food from sales tax given it is a small amount of the total.
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