By Ray Perryman Ph.D.
National Public RadioThe recent imposition of 25% tariffs on imports from Mexico by President Donald Trump is expected to have significant economic repercussions in South Texas, leading to increased prices and potential job losses across various sectors.
Higher prices at the grocery store will be painful for South Texas families already dealing with tightening budgets. But in addition, retail businesses in South Texas will likely experience weakening demand and shrinking profit margins. This may lead to potential layoffs within the retail sector.
South Texas hosts numerous manufacturing facilities that depend on cross-border supply chains. For instance, the Toyota plant in San Antonio assembles vehicles using parts imported from Mexico. The increased costs due to tariffs may force such plants to reduce production or consider layoffs. The Perryman Group estimates that a 25% tariff on Mexican goods could cost the Texas economy $145 billion, with manufacturing being one of the hardest-hit sectors.
The agriculture sector in South Texas is vulnerable, especially with Mexico's retaliatory tariffs on U.S. agricultural products. Texas's substantial exports of cotton and poultry products to China are now subject to heavy tariffs, which could lead to reduced demand and potential job losses in these industries.
The energy industry, particularly oil refineries in the region that process Mexican crude, could experience disruptions due to the tariffs. Increased operational costs might lead to reduced output and job cuts.
The Trump tariff war with Texas’ s top trading partner is poised to affect multiple industries in South Texas, with manufacturing, agriculture, retail, and energy sectors facing the most significant risks of job losses. But it’s not clear what the objective is for Trump in imposing the tariffs and it certainly doesn’t accomplish what one of his top campaign promises, to stop inflation and lower prices.
17 comments:
You can smuggle in some avocados when you come back from visiting your sancha in Mexico, Montoya.
As long as my beer, cacaguates y mis viejas stay at the same price level, I am fine with all that shit...
First Trump was going to take our country into the Third World War. Now he's going to cause mass starvation because of the tariffs. No chingen con su pinche pedo. No va pasar nada.
Mamon Your mama is la sanchona del browntown and you don't know who your daddy is jotingo
at 11:14 AM
keep dreaming mamon and you'll end up in your country, pinche wetback bracero...
That's why you are and always will be a loser, pendejo!!!
metete el dedo en el culo, imbecil!
They will be good for you. For every avocado you eat you live 30 minutes longer
Bento Spinoza
Yes something WILL happen. The economy will go in a tailspin. But it won’t matter because Musk and his friends will still be super rich /s. Americans won’t starve but people in poor countries will. If someone doesn’t put a stop to his craziness only people with money will be able to afford eggs and avocados.
No more Guacamole for papa son.
at 12:33 PM
who cares as long as tu mama esta en mi cama jotita...
at 12:33 PM
yo mama raised you to be like her una mamona ESTUPID!!!!
at 11:14 AM
TRUMPUTO will be a trillionaire when he leaves
at 1:18 PM
IS THAT ALL YOU CAN DO PENDEJO, INSULT POSTERS HERE? YOUR MAMA SURE WAS A BAD TEACHER BUT VERY GOOD IN BED I OUGHT TO KNOW. MIJITO ANDA BANIATE APESTAS PENDEJO...
WE'LL GUACAMOLE IN BED TO LA BAMBA
at 12:33 PM
you know the drill, zip it down and its lose just like you like it MAMON. JUST LIKE TU MAMA UNA MAMONA!!!
Richie Valenzuela (Valens)would like that PARA BAILAR LA BAMBA!!
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