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Please walk me through how that will solve the problem of goods and services already being too expensive in the US, which was one of the main threads that the GOP was pushing.The whole idea is to make it too expensive for a manufacturer to deal with the tariff and to move their plants and processes back to the US. Then Texas won't have to worry about Mexico.
A tariff on things produced in Mexico that the US imports would result in one (or more) of three things:
- Mexico charging higher prices because they still want to be profitable
- The US moving those things back to be made in the US, which checks notes is not cheaper than Mexicoā¦the reason why the manufacturing is there to begin with
- Mexico installing retaliatory tariffs on the US, especially since Mexico provides some of the parts that US industries need
Add to that in a historically low US unemployment rate already, one assumes that there will be the American workers to do said jobs. Remember that if you take out immigration (legal or not), the US doesnāt have the required birth rate and the Boomers are aging out fast.