The cost of Trump's wall on consumers

27 January 2017 1:29 pm

Donald Trump always said the US taxpayer was not going to pay for the wall separating Mexico from the US. He always said Mexico was not going to pay for it.

And Mexico has refused. Trump wants it so bad? He can pay for it.

So what’s Trump’s solution? A 20 per cent tax on imports from Mexico. It would raise $10 billion a year and easily pay for the wall, says Trump.

But what about the impact on taxpayers, US consumers?

They’ll be paying more for tomatoes and avocadoes.

As CNN points out, Mexico grew $21 billion of agricultural products shipped and eaten in the US in 2015, making it the country’s second largest supplier. Among the most popular are avocados, tomatoes and berries. The US brings in $4.8 billion of fresh vegetables, as well as $1.7 billion in snack foods and $1.4 billion in processed fruit and vegetables every year.

Americans can expect a big increase in their food bills to pay for Trump’s wall.

And then there’s that Mexican beer that Americans love so much. Corona. Not to mention tequila. They’ll be paying more for that.

And they’ll be paying more for

They’ll also spending more on computers and electronic equipment, from monitors to telephones to insulated wires to electric generators. These are among the top 30 products brought in from Mexico, according to the UN database.

US taxpayers are going to get angry. Come to think of it, that women’s march might have been just the start.

Leon Gettler

2017

October

22 Oct 2017 - Trump vow to declassify Kennedy files is a distraction

07 Oct 2017 - What’s ahead for the Minerals Council of Australia?

September

16 Sep 2017 - Australia’s energy crisis shows the stupidity of privatisation

09 Sep 2017 - Why climate change will devastate Florida

July

16 Jul 2017 - Laws of mathematics don’t apply to Australia: Malcolm Turnbull

June

17 Jun 2017 - Political backlash over the Grenfell fire

11 Jun 2017 - A win for Macron is a lesson for Theresa May

04 Jun 2017 - Attacks in London could change the election

May

28 May 2017 - Why Donald Trump will survive and be re-elected in 2020

20 May 2017 - Will the Mueller probe examine Trump’s Russian business ties?

13 May 2017 - Hypocrisy over Chloe Shorten’s necklace

06 May 2017 - Macron vs Le Pen: France is no longer one country

April

29 Apr 2017 - Turnbull government attacks banks over Adani

23 Apr 2017 - Why the French election is important

08 Apr 2017 - Russian navy moves in

01 Apr 2017 - Australia is one of the world’s worst money laundering property markets

March

19 Mar 2017 - Peter Dutton goes poofter bashing

04 Mar 2017 - Trump will take the market to a fiscal bloodbath

February

26 Feb 2017 - Trump’s mental condition

18 Feb 2017 - Adani’s results tell us the company will not develop in Australia

11 Feb 2017 - Why the Coalition’s “clean coal” plan is crap

04 Feb 2017 - It’s Trump versus the courts

January

27 Jan 2017 - The cost of Trump's wall on consumers

21 Jan 2017 - A look at Europe's future

20 Jan 2017 - Can Trump make America great again?

16 Jan 2017 - Trump parallels with Iraq


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