The Traderszone Network

Published in TZ Latest News 26 January, 2017 by The TZ Newswire Staff

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.

read more