Companies in sprint to ship goods from Mexico before tariffs

  • 📰 AP
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Companies rush to ship cars, appliances and as many other goods as possible out of Mexico to beat the tariffs threatened by President Trump.

Trucks line up to cross into the United States at the border in Tijuana, Mexico, Friday, June 7, 2019. Companies have been rushing to ship as many goods as possible out of Mexico to get ahead of possible tariffs threatened by President Donald Trump, hurriedly sending cars, appliances and construction materials across the border to beat Monday’s deadline.

“You see these supply chain-managers on a tear, just bringing stuff in as fast as they can,” said Jerry Pacheco, president of the Border Industrial Association in Santa Teresa, New Mexico. “Almost every major supply-chain manager who is bringing stuff from Mexico is scrambling to get their stuff across the border as quickly as possible.”

“There’s so much uncertainty. Not even the secretary of the economy can tell us what the future holds,” she said. “It’s totally absurd.” The tariffs were the topic of conversation at an import-export convention planned months ago called “Foreign Trade and New Opportunities” Friday south of Tijuana in the beach town of Rosarito, where presenters tried to calm nerves.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Hilarious. And if Mexico doesn't follow through, there may be tariffs announced at any time. Makes more sense to manufacture in America.

Derp

Tariffs work.

⚠️another uncalled for disaster at the border ... 🤔how many of those trailers going to be actually scanned for other than what’s on manifest

Old news no tariffs

TheLastRefuge2 “Goods”

😂😂😂

you're in the wrong parallel universe

The tariffs were proposed to pressure Mexico to assist in the illegal crossing of our border. How about using them to discourage US companies from producing products in Mexico instead of here. When companies moved south to cheap labor prices stayed the same. Wheres the outrage?

Make use of the illegals...have them start carrying shit on their backs

Well, That’s one way to pick up business! $ksu Now where are they going to store it all?

TheLastRefuge2 Oh yea, the sales are coming to US consumers!! They are flooding the market. Get out the old check book. Thank you realDonaldTrump

unseen1_unseen Right...then when those goods are in the US, those companies will charge a higher price for the goods as if they paid the additional 5% tariff, but did not...

TheLastRefuge2 Good

Given the ADVERSE ECONOMIC IMPACT these TARIFFS will have on U.S. STATES, why hasn't ANYONE LEGALLY CHALLENGED Trump's purported 'power' to impose such measures via DECLARATORY RELIEF in a court of competent jurisdiction?

Maybe The Dems should help the Pres with the border crisis, so tariffs won’t be needed.

More evidence that President Trump is actually Royalty. Trump is the King of Chaos.

Step on it Ese!!! Hay muchas hambrecitos en Encinitas!

If only U.S stopped arming and funding the drug cartels then i'm sure Mexico would be a bit more helpful.

Hurry up Holmes!!!!

Can anyone out there explain this story to me a little bit better

More trump taxes on the American people.

TheLastRefuge2 LOL ! They might as well move their entire companies back to the US now - Donald is not your usual pushover uni-party leader. Trumps gonna kick the ass of the vultures. He just is. May as well wave your white flags in defeat now .....

TheLastRefuge2 Promised.!!! Dumbasses can’t get anything correct

Put a little goose in your step?

TheLastRefuge2

Once Monday approaches, start rationing!

TheLastRefuge2 Just close the border and be done with it.

Get the global multinationals out and let the local economy thrive

They better hurry because it needs to happen! Cartels are running Mexico! We look weak because of the sorry congress

How to live in this fucked up world!?

I wonder how he's going to get all the drug dealers to collect this tax on imported drugs and submit it to the government?

Convoy of traitors

It's not Mexico's job to enforce U.S. immigration law--which defines 'illegal.' (If Mexico were to try to keep its own people from leaving, it would be a rights violation--like the Berlin Wall.) Americans shouldn't be taxed because Mexico isn't enforcing U.S. immigration law.

Don't care about cars and appliances, just make sure they ship enough tequila!🍹

Ha 🤣

Maybe they should have encouraged Mexico to step up to plate BEFORE this happened?

They're probably not going to stop giving money to Republicans, though.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These companies have the most to lose from US tariffs on MexicoWith over $100 billion of autos and auto parts imported into the U.S. from Mexico, General Motors, Ford, American Axel, Autoliv and Lear are the stocks most at risk, according to RBC Capital Markets. I hope no one is in need of car parts? You better start mapping out a plan to start walking.😏 mr_jettlife What about the Mexican economy 🤥
Source: CNBC - 🏆 12. / 72 Read more »

Under tariff threat, Mexico less attractive to companies avoiding China trade warA flood of companies eyeing Mexico as a safe haven from the U.S. trade war with ... Invest in Vietnam When America will be great again ? After Trump Impeachment! What ? TARIFF
Source: Reuters - 🏆 2. / 97 Read more »