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Avocados, Beer, Chilli Peppers And Tequilla: Expect Soaring Prices Under A Mexican Border Tax

Avocados, Beer, Chilli Peppers And Tequilla: Expect Soaring Prices Under A Mexican Border Tax

While the White House floated, then quickly backed off, a proposal for a 20% tax on Mexican imports to "pay for the wall", in addition to collecting an approximate $10 billion per year in tax revenues, there would be a notable flipside to a tax that would raise prices on Mexican imports by up to 20%, and would immediately affect a wide range of agricultural goods. Mexico exported $21 billion of food and drink north of the border in 2015, according to data from the U.S. Department of Agriculture, making Mexico the 2nd largest supplier of agricultural imports to the US.

Former Mexican President Vicente Fox Has Spicy Twitter Meltdown Over Trump, "Not Going To Pay For That F*cking Wall"

Former Mexican President Vicente Fox Has Spicy Twitter Meltdown Over Trump, "Not Going To Pay For That F*cking Wall"

President Trump is a busy man. While vulturous media opportunists on the left spew outrageous propaganda at America's hoard of primal screaming "never-wrongs" who can't even fathom why they lost the election, Trump has moved with lightning speed to shock n' awe the world with massive progress on a ton of campaign promises.

Pena Nieto Tells Trump Mexico "Will Not Pay For Any Wall", Demands Respect

Pena Nieto Tells Trump Mexico "Will Not Pay For Any Wall", Demands Respect

Mexican President Enrique Peña Nieto reiterated Wednesday in a pre-taped address that his country "will not pay for any wall," but expressed willingness to work with the Trump administration.

Peña Nieto also said he had ordered government agencies to step up protection for immigrants, demanding respect as an autonomous nation, while admitting Mexico is negotiating new trade rules with US.

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