Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Trump border shutdown would cost "maybe a billion"...per DAY.
Sealing the entire border between the countries, meanwhile, would cause economic chaos. In 2017, about $558 billion in goods flowed across the U.S.- Mexico border in both directions, making Mexico our third-biggest trading partner for goods behind Canada and China. U.S. goods exported to Mexico totaled $243.3 billion, while trade in services accounted for another $58 billion.
Trucks transport the bulk of goods: In all of 2018, $424 million -- 69 percent of all southern border freight -- crossed in from Mexico by truck, according to the U.S. Bureau of Transportation Statistics. That's up 10 percent from the amount of freight that crossed over in 2017. Two of the busiest truck border ports are Laredo and El Paso, both in Texas. Another $78 billion in freight crossed by rail, $67 billion by vessel, $17 billion by air, and $5 billion by pipeline.
Roughly 465,000 people also enter the U.S. each day through the various ports of entry at the southern border, according to a Wilson Center report. That's enough people to fill El Paso's Sun Bowl Stadium nine times.
"If you are thinking about a total shutdown of the border, then it's hundreds of millions of dollars a day -- maybe a billion," Duncan Wood, director of the Wilson Center's Mexico Institute, told CBS MoneyWatch. "It's an economic impossibility. Literally, the two economies would grind to a halt. Both economies are set up to depend upon cross-border trade."
https://www.cbsnews.com/news/what-president-trumps-threat-to-close-the-u-s-mexico-border-would-cost/
Trucks transport the bulk of goods: In all of 2018, $424 million -- 69 percent of all southern border freight -- crossed in from Mexico by truck, according to the U.S. Bureau of Transportation Statistics. That's up 10 percent from the amount of freight that crossed over in 2017. Two of the busiest truck border ports are Laredo and El Paso, both in Texas. Another $78 billion in freight crossed by rail, $67 billion by vessel, $17 billion by air, and $5 billion by pipeline.
Roughly 465,000 people also enter the U.S. each day through the various ports of entry at the southern border, according to a Wilson Center report. That's enough people to fill El Paso's Sun Bowl Stadium nine times.
"If you are thinking about a total shutdown of the border, then it's hundreds of millions of dollars a day -- maybe a billion," Duncan Wood, director of the Wilson Center's Mexico Institute, told CBS MoneyWatch. "It's an economic impossibility. Literally, the two economies would grind to a halt. Both economies are set up to depend upon cross-border trade."
https://www.cbsnews.com/news/what-president-trumps-threat-to-close-the-u-s-mexico-border-would-cost/
13 replies
= new reply since forum marked as read
= new reply since forum marked as read
This country, so it can be run like RUSSIA!!! 
