Trump Presidency Could Lead to a Trade War with Mexico, Says Former President Vicente Fox The Associated Press | |
go to original March 10, 2016 |
Mexican former president: A Trump presidency risks trade war (wochit News)
Former President Vicente Fox said Wednesday that a Donald Trump presidency could lead Mexico and the United States to "serious" diplomatic problems and a trade war that would hurt both countries.
A day after Trump stretched his lead over his Republican rivals with wins in Michigan, Mississippi and Hawaii, Fox said that if he were to raise duties on Mexican goods to fund border wall construction, Mexico would have to react in kind.
"Let's suppose he establishes tariffs, just imagine. We put tariffs on the (hundreds of billions of) dollars that the United States sells to Mexico," Fox said in an interview with The Associated Press. "We are going to lose everything in a trade war."
Trump has vowed to make Mexico pay for the barrier he wants to build along the length of the 2,000-mile (3,000-kilometer) border, and has proposed measures such as raising visa and border card fees, seizing remittances, imposing tariffs and cutting foreign aid.
Read the rest at Tulsa World
Related: Was Mexico’s Vicente Fox Right to Call Donald Trump a Fascist? (El Daily Post)
Related: Noam Chomsky: 5 Reasons Why the ‘human Species Is in Very Deep Trouble’ if Trump Wins(AlterNet)
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