Mexico Has Been Adding A 33% Charge For Years!

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[mainnerd]

Gotta run cover for you boy Trump. If your guy is building a house in Cabo, he doesn't have to worry about tariffs. He has money. Which is great, go him, but I'm not going to feel bad he had to pay a tariff in Mexico.

[jkomla]

The average person isn’t building a house in Cabo, they are worried about every day items like groceries (eggs, avocados, bread, milk) etc.

[mikeevansgutierrezcasanas]

Absolutely true, but why is he building a house in cabo Mexico and not on any coast in the US...??? Ooooh be because it cheaper 😂😂😂😂

[capitalcraftusa]

That’s actually incorrect. I own a furniture business in the U.S. that specializes in sales to Mexico, and I’m very familiar with this. There are no tariffs when the furniture is manufactured in the U.S., Canada, or Mexico, thanks to the USMCA (formerly NAFTA).

However, if the furniture is made in China or other non-USMCA countries, then Mexico can apply tariffs of up to 35%, depending on the product category. The same applies in reverse: if I buy a product in Mexico that was originally manufactured in China, the U.S. will apply tariffs based on the country of origin, not the country of purchase.

In short, tariffs are based on where the item was made, not where you buy it. And since much of the furniture and appliance market relies on overseas production, it’s important to understand these rules. In this case, Dave is misinformed.

[MrCharly]

Tell your friends there’s Home Depots in Mexico as well, so he avoids that extra cost and also they deliver for free LOL

[Keeks]

He’s buying a second home in Cabo. Sounds like rich people problems.😊

[MrXanderii]

Here is the thing, you don't sign a trade agreement allowing this and then break that agreement by adding your own tariffs. The US still profits greatly, the trade agreements that were signed bring balance. You shouldn't break your agreement, if you don't like it open it up for renegotiation

[sarny]

No, appliances brought into Mexico are not generally taxed at 33%. The standard VAT rate in Mexico is 16%, and while there are import duties, they vary depending on the specific product and the country of origin.

[MactanMurray]

That's the whole point - countries and companies - do not pay the tariffs - it's the little guy consumer that foots the bill for the increased prices.

[josesbox]

Why would you do that? There is literally a Home Depot both in La Paz and Cabo. They sell the same stuff.

[atombomb]

no--he is talking tariff AND normal shipping cost so $1000 plus$100something for shipping costs PLUS $330 tariffs = approx $1500 dont mean to confuse you guys

[RuthMolina-bf]

Why is the friend not building in America tho??? 🤔🤔🤔

[keithcasey]

Love dave. SUCH A BRILLIANT MAN. got me outta dept yeqrs ago.

[louisc]

This out of touch example of your rich friend in Cabo is annoying

[jesuscastro]

I'll be needed was a one time pass that he is moving to mx and no fee are charged.

[dismat]

incorrect its 19% if you declare it at the border and make the proper procedure, if its shipped from the US throughout Fedex or some of those shippers then yes probably the total cost is going to be around 33% with the shipping

[HTOP]

It's the same the other way if you as a private citizen try to import new goods.
It's been like that for the same amount of years
And by the way 1000 + 33% is not 1500

[felixzhang]

Can anyone who actually knows confirm if this was the case during NAFTA? Because elsewise the cause of tariffs either way is the same.

[brettcomeau]

I don’t care about Mexico I don’t care about America I care about BRETT!!!! And trumps tariffs are cost Brett money!

[MattyIcewitit]

Exactly correct but Rachael Madcow seems to forget that in her monologue