just trying to save face... the Mexico leader already said no.I didn't think so at first but now I think Trump really wants a check from them
Oh no my tequila
do you not eat produce?
http://money.cnn.com/2017/01/25/news...ttances-trump/
Trump threatens Mexico's biggest cash source
By Patrick Gillespie January 25, 2017 13:20PM EST
Mexico's biggest cash cow is under threat from President Donald Trump.
The country's largest source of cash comes from Mexicans living in the United States. That is now under the microscope after Trump issued an executive order Wednesday to start building a wall on the border.
During his campaign, Trump said multiple times that Mexico will pay for the wall. He even threatened to halt or tax cash transfers -- known as remittances -- from the U.S. to Mexico if the country refused to pay for it.
"They will reimburse us for the cost of the wall. That will happen, whether it's a tax or a payment -- probably less likely that it's a payment, but it will happen," Trump said on January 11.
But Mexico's president won't stand for it.
"We must assure the free flow of remittances," President Enrique Pena Nieto said Monday. Remittances are "an invaluable contribution to national development and indispensable for millions of Mexican families."
Remittances were likely a top issue on the table when Mexico's top ministers met with Trump's advisers in Washington Wednesday. Trump and Pena Nieto are scheduled to meet on January 31.
Related: A new NAFTA deal could bring jobs back -- at a cost
Between January and November of 2016, $24.6 billion flowed back to the pockets of Mexicans from friends and relatives living overseas, according to Mexico's central bank.
That's even higher than what Mexico earns from its oil exports -- $23.2 billion in 2015. And almost all of that cash comes from the U.S.
The average remittance from Mexico is about $300. Essentially, Mexico's most lucrative natural resource are the people who leave home.
Remittances help drive Mexico's economy, from paying for new home construction to schools, especially in low-income areas. The cash transfers from the U.S. have also been growing faster than wages and inflation. And it's a critical time for Mexico's economy, which is showing signs of weakness.
With Mexico's currency, the peso, near an all-time low, its economy only grew 2.2% last year, Mexico's finance minister says. Trump's threats are only going to make it worse -- the IMF estimates Mexico will only grow 1.7% this year.
On top of slower growth, the government hiked gas prices by as much as 20% at the start of the year as part of an energy deregulation policy. That's sparked widespread protests and looting.
Related: Could the U.S. and Canada leave Mexico behind?
All to say: Dollars mean a lot to many Mexicans and they're becoming more and more valuable. Taxing or halting that flow of cash could negatively impact millions of Mexicans.
But experts caution that even if Trump halts or taxes remittances, Mexicans will still find ways to get cash over the border without paying a tax.
Alberto Ramos, head of Latin America research at Goldman Sachs (GS), says that when wire services charged high fees a decade ago, Mexicans still got their money across the border either in-person, through the mail or via traveling relatives.
"If you tax that money it won't necessarily stay in the U.S. It can still go to Mexico through informal channels," says Ramos.
Not much of it comes from Mexico tbh
If HEB has to pay 20 percent more, I think they could avoid Mexico produce entirely
Eh building this wall and trying to stick the bill on Mexico is not a bridge that needs burning. There are much worse bridges out there
not during winter.
Produce has seasons and is a world wide commodity in a modern grocery store.
"Statistics from the U.S. Department of Agriculture show that Mexico by far is the most important supplier of fresh produce to the U.S., accounting for 69% of U.S. fresh vegetable import value and 37% of U.S. fresh fruit import value in 2012."
http://www.thepacker.com/fruit-veget...201449021.html
Dunno. What comes from Mexico that they carry right now?
K you geared it to me, so I'm just going purely on personal anecdote on the produce I select and where the sticker says it's from.
"Statistics from the U.S. Department of Agriculture show that Mexico by far is the most important supplier of fresh produce to the U.S., accounting for 69% of U.S. fresh vegetable import value and 37% of U.S. fresh fruit import value in 2012."
http://www.thepacker.com/fruit-veget...201449021.html
Interesting link tho
just about everything that grows in the spring, summer, fall
Only thing that is semi local now are root vegetables, winter squash and winter greens
Off the top of my head, none of the bananas, fuji apples, avocados, pineapples, or oranges come from Mexico. The stickers show Cali, Texas, Florida and I think Ecuador
Not sure about other stuff like tomatoes
Cue the Mexican President begging Trump to un-cancel the meeting so he can bend the knee.
The Art of the Deal
My neighbor claims a lot of Mex still uses human waste as fertilizer for fruits and veggies.
Not recommended.
No one said they were. Trump said we are building it and they are paying for it. They will pay for it, it just won't be in pesos because we don't accept them.
Low hanging fruit. Mexico doesn't have nukes.
I see US taxpayers getting ultimately stuck with the bill either directly or indirectly
In Texas I'm 99% sure your avocados are from Mexico. 100% sure if you shop at HEB. Peru is not in season, Chile is pretty much done and wouldn't go to Texas anyways because of the huge Mexican volume, and we just started harvesting California but none of it is going to Texas. If you live in Texas and eat avocados you pretty much eat Mexican avos all year long.
Yeah it's so much healthier to use chemical fertilizer produced from oil.
Like Trump taking poor Mexicans remittances, the drug gangs are moving to control MX avocado business.
Avocados.
Where are you finding California avocados? Every time I go to HEB they're Mexican and it has been that way for the last couple of years with the drought California has faced.
when you gonna start selling the good back to us? And that bull from Chile should never be called an avocado.
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