IYO what are our option sources for these items without
Posted on: January 29, 2017 at 13:04:25 CT
Mo Texan
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seeing significant cost increase. Not saying it won't happen, but to dismiss the importance of these items and the effects of higher cost to American consumers is ignorant. Not to mention that we could see a great reduction in the number of imports from U S to Mexico-just as we might seek other sources so will they.
"1. Vehicles: At over $68.6 billion, vehicles were almost a quarter of all goods coming into the U.S. from Mexico in 2016. This category includes $21.8 billion worth of passenger cars and $20 billion worth of vehicle parts. American auto makers like General Motors (GM) and Ford (F) have plants in Mexico.
2. Electric Machinery:Nearly 21% or $57 billion of U.S. imports through November 2016 were smaller electric appliances like phones, televisions, vacuum cleaners and parts. Devices and parts used in telephony ranked the highest in this category, with an $11.8 billion import value, followed by televisions and related parts, valued at $9.7 billion.
3. Optical,Photo,Medical & Surgical Instruments:
The $12.2 billion of imports under this category is not just a significant figure, but also an 8% improvement over the import figure for the same period in 2015. Instruments used in surgeries and medical procedures, at $5.37 billion, were the largest chunk of the total, whereas other instruments made up imports valued at $900 million.
4. Crude Oil:Despite being the one of the largest crude oil producers in the world, U.S. consumption exceeds domestic production. As of November 2016, the crude oil import figure from Mexico stood at $6.9 billion."
Edited by Mo Texan at 13:06:08 on 01/29/17