News, Trump Administration

NC Democratic Party: ‘Real damage’ possible for state if Trump imposes 20 percent tax on imported goods from Mexico

Mexico is North Carolina’s second largest international trading partner, and if President Donald Trump imposes a 20 percent tax on all imported goods from the country, residents can expect to pay more money for goods, including clothing, electronics and produce.

Trump embraced the tax plan floated by House Republicans as a possible way to pay for the wall he approved to be built along the United State’s southern border, estimated to cost as much as $20 billion.

The North Carolina Democratic Party released a statement today about how the tax, if imposed, would hurt the state’s middle class by making everyday goods more expensive and jeopardizing export-dependent jobs.

In addition, President Trump’s proposed border tax could cause a debilitating trade war, risking the good-paying North Carolina jobs, in everything from agriculture to high-tech manufacturing, that contribute to over $3 billion in annual exports from our state to Mexico.

“Yet again, President Trump has shown us that he values bluster and protecting his ego more than doing what’s right,” said NCDP Executive Director Kimberly Reynolds. “Instead of finding a diplomatic solution to pay for his wall, Trump’s proposal will cause real damage to North Carolina’s middle-class by making every day goods more expensive and by destroying the good-paying manufacturing jobs he constantly brags about creating.”

Check Also

Lawmakers ask lower court to stay special master order pending appeal to Supreme Court

A court’s order to implement a special master’s ...

Top Stories from NCPW

  • News
  • Commentary

Nothing is off the table when it comes to Republican judicial reform, and a former Wake County judge [...]

On a cozy autumn evening at the luxurious Umstead Hotel in Cary, a medley of corporate luminaries, s [...]

A fix for North Carolina’s class size crisis in March? A GOP senator from Wake County tells his cons [...]

Back in September, the N.C. Historical Commission put off a decision on removing three Confederate m [...]

The post Classic projection appeared first on NC Policy Watch. [...]

It was a snowy and shortened work week for a lot of people in North Carolina, but unfortunately, tha [...]

Mounting student debt is a nagging problem for most families these days. As the cost of higher educa [...]

Latest racist attacks on immigrants could be an important tipping point As bleak as our national pol [...]

Upcoming Events

Featured | Special Projects

NC Budget 2017
The maze of the NC Budget is complex. Follow the stories to follow the money.
Read more


NC Redistricting 2017
New map, new districts, new lawmakers. Here’s what you need to know about gerrymandering in NC.
Read more