Holy Guacamole!: Tax On Mexican Avocados And Other Imports Could Rise 20% For U.S. | The Odyssey Online
Start writing a post
Politics

Holy Guacamole!: Tax On Mexican Avocados And Other Imports Could Rise 20% For U.S.

Does this take avocado toast off the brunch menu?

32
Holy Guacamole!: Tax On Mexican Avocados And Other Imports Could Rise 20% For U.S.
www.lifehack.org

President Trump's first week in office was an elephant short of a circus. Riots in the streets, marches around the globe, new Oval Office curtains...and now, a rumored 20 percent tax on imported goods, beginning with Mexico. President Trump has appeared to embrace a proposal by House Republicans that imposes this tax, using the profits to pay for his border wall, estimated as high as $20 billion. While White House press secretary, Sean Spicer, states the plan is just one of many options, the avocado lovers, and economists, in the States are outraged.

The United States relies on Mexico for "big ticket" imports. Among these items? Alcohol, fresh produce, and car parts. In 2015, the U.S. imported $295 billion worth of products from its southern neighbor.

This plan would sharply increase the price of imported goods, diminishing hope and reducing profits for the companies that produce the same goods. It would not be the Mexican companies that would suffer, but the American retailers who would distribute the products. Worse case scenario, other nations could retaliate and we may end up in the middle of a trade war. This would result in bad news all around. As Carl Weinberg, chief economist for High Frequency Economics, stated in his analysis of the issue, "Trade wars are bad. Tariffs are bad. Nobody wins when trade barriers go up."

For the love of chips and dip, can the American people not catch a break?

Tensions between President Trump and Mexican President Pêna Nieto have been on edge for months. Wednesday's immigration and border decisions from President Trump were the icing on the cake, pushing Mexican leadership to confront President Trump on his favorite battlefield -- Twitter.

President Trump's longtime claims concerning Mexico paying for the border wall have quickly turned into a "no duh" issue. Did he really think they would willingly take money out of their nation's budget to put up a wall? President Pêna Nieto was quick to call the wall a sign of disunity, a symbol that would "further divide" the two countries.

While the concept of the wall may have initially seemed like a far-off idea, President Trump is moving forward. He does not appear to be fazed by criticism, backfires, or a lack of Mexican collaboration. All in all, it appears as though his plan is placed above all other considerations -- including the American people's wallets.

Would you want to deal with angry Americans when taco Tuesday is short on tequila? I wouldn't, and I'm not sure President Trump would either. Perhaps before he taxes all things good, he ought to think about the repercussions. Eat your avocados while you can, we may be entering a dry spell.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Entertainment

Every Girl Needs To Listen To 'She Used To Be Mine' By Sara Bareilles

These powerful lyrics remind us how much good is inside each of us and that sometimes we are too blinded by our imperfections to see the other side of the coin, to see all of that good.

511735
Every Girl Needs To Listen To 'She Used To Be Mine' By Sara Bareilles

The song was sent to me late in the middle of the night. I was still awake enough to plug in my headphones and listen to it immediately. I always did this when my best friend sent me songs, never wasting a moment. She had sent a message with this one too, telling me it reminded her so much of both of us and what we have each been through in the past couple of months.

Keep Reading...Show less
Zodiac wheel with signs and symbols surrounding a central sun against a starry sky.

What's your sign? It's one of the first questions some of us are asked when approached by someone in a bar, at a party or even when having lunch with some of our friends. Astrology, for centuries, has been one of the largest phenomenons out there. There's a reason why many magazines and newspapers have a horoscope page, and there's also a reason why almost every bookstore or library has a section dedicated completely to astrology. Many of us could just be curious about why some of us act differently than others and whom we will get along with best, and others may just want to see if their sign does, in fact, match their personality.

Keep Reading...Show less
Entertainment

20 Song Lyrics To Put A Spring Into Your Instagram Captions

"On an island in the sun, We'll be playing and having fun"

392875
Person in front of neon musical instruments; glowing red and white lights.
Photo by Spencer Imbrock on Unsplash

Whenever I post a picture to Instagram, it takes me so long to come up with a caption. I want to be funny, clever, cute and direct all at the same time. It can be frustrating! So I just look for some online. I really like to find a song lyric that goes with my picture, I just feel like it gives the picture a certain vibe.

Here's a list of song lyrics that can go with any picture you want to post!

Keep Reading...Show less
Chalk drawing of scales weighing "good" and "bad" on a blackboard.
WP content

Being a good person does not depend on your religion or status in life, your race or skin color, political views or culture. It depends on how good you treat others.

We are all born to do something great. Whether that be to grow up and become a doctor and save the lives of thousands of people, run a marathon, win the Noble Peace Prize, or be the greatest mother or father for your own future children one day. Regardless, we are all born with a purpose. But in between birth and death lies a path that life paves for us; a path that we must fill with something that gives our lives meaning.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments