Mexico is upset, it seems that the slow down at the border is costing them around US $800 million a day. "Francisco Cervantes said that the US $800 million figure is an estimate because Concamin is waiting for the National Council of the Maquiladora Industry (Index) to provide information about the losses of its member companies.
He warned that if the delays continue, the United States will suffer from a shortage of Mexican products such as auto parts and fresh food.
Eduardo Solís, president of the Mexican Auto Industry Association (AMIA), said that sector is “obviously” affected by the long wait times at the border.
He called on Mexican authorities to promptly reach an agreement with their United States counterparts to allow cross-border flows to return to normal.
Delays could also create gasoline shortages.
Gasoline importers have complained that it is taking them up to three days to cross the border and return, whereas it normally takes 16 hours.
Julio Jáuregui, CEO of importer Enermex, said the delays have been most severe at ports of entry in Tamaulipas including Nuevo Laredo, Reynosa and Matamoros, all of which share borders with Texan cities.
He explained that the Mexican market is very sensitive to any fuel import delays because Mexico only has storage capacity for three days."
https://mexiconewsdaily.com/news/delays-costing-us-800-million-per-day/?utm_source=Mexico+News+Today&utm_campaign=9e0f816fc3-MNT+apr10-2019&utm_medium=email&utm_term=0_f1536a3787-9e0f816fc3-349565373Do you think they will do something about their southern border or even discuss a means to deal with the illegal flow?
Pennylynn wrote:
Do you think they will do something about their southern border or even discuss a means to deal with the illegal flow?
Haven't you heard? Enforcing border security is immoral.
It's been fun watching John Q. Liberal support this radical position pronounced by their overlords in Congress.
cSc61 wrote:
Haven't you heard? Enforcing border security is immoral.
It's been fun watching John Q. Liberal support this radical position pronounced by their overlords in Congress.
Within the past week or two, Trump warned Obrador that if Mexico didn't start working with the United States in stopping illegal border crossings, Mexico would face consequences. Seems Obrador took Trump for a man of his word, apparently (still looking for more info), Mexican border security and Federales are on their southern border preparing to, or stopping the flood from Central America.
Pennylynn wrote:
Mexico is upset, it seems that the slow down at the border is costing them around US $800 million a day. "Francisco Cervantes said that the US $800 million figure is an estimate because Concamin is waiting for the National Council of the Maquiladora Industry (Index) to provide information about the losses of its member companies.
He warned that if the delays continue, the United States will suffer from a shortage of Mexican products such as auto parts and fresh food.
Eduardo Solís, president of the Mexican Auto Industry Association (AMIA), said that sector is “obviously” affected by the long wait times at the border.
He called on Mexican authorities to promptly reach an agreement with their United States counterparts to allow cross-border flows to return to normal.
Delays could also create gasoline shortages.
Gasoline importers have complained that it is taking them up to three days to cross the border and return, whereas it normally takes 16 hours.
Julio Jáuregui, CEO of importer Enermex, said the delays have been most severe at ports of entry in Tamaulipas including Nuevo Laredo, Reynosa and Matamoros, all of which share borders with Texan cities.
He explained that the Mexican market is very sensitive to any fuel import delays because Mexico only has storage capacity for three days."
https://mexiconewsdaily.com/news/delays-costing-us-800-million-per-day/?utm_source=Mexico+News+Today&utm_campaign=9e0f816fc3-MNT+apr10-2019&utm_medium=email&utm_term=0_f1536a3787-9e0f816fc3-349565373Do you think they will do something about their southern border or even discuss a means to deal with the illegal flow?
Mexico is upset, it seems that the slow down at th... (
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Economics is a two-way street, if it costs Mexico 800 million a day than it costs the US 800 million dollars a day. Any punishment Trump thinks he's inflicting on Mexico he is equally inflicting on this country...
PeterS wrote:
Economics is a two-way street, if it costs Mexico 800 million a day than it costs the US 800 million dollars a day. Any punishment Trump thinks he's inflicting on Mexico he is equally inflicting on this country...
Your rationale is astounding ... your explanations, vacuous.
PeterS wrote:
Economics is a two-way street, if it costs Mexico 800 million a day than it costs the US 800 million dollars a day. Any punishment Trump thinks he's inflicting on Mexico he is equally inflicting on this country...
Who can hold out longer? US or Mexico?
youngwilliam wrote:
Who can hold out longer? US or Mexico?
At this time, the US can hold out longer. We may need to put more US citizens to work in taking plants out of moth balls and we may have to consider eating seasonal fruits/vegetables.... but, I feel confident in our ability to overcome any obstacles that we may face now or in the future. Also, from reading Mexican newspapers, their economy is pretty much in the toilet. They need us to remain stable.
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