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Mexico is Arizona's #1 trading partner. Will the romance last?

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Mexican boycotts in response to the Arizona immigration law are blooming like desert wildflowers.

The Mexican state of Sonora canceled a cross-border meeting to be held in Phoenix in June – the first time the annual gathering will be interrupted in more than 50 years.

Independent truckers are saying they refuse to transport goods into or out of the state of Arizona.

After the Mexican government issued a “travel alert” for Mexicans there, some Mexicans are reconsidering vacations in the state.

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Fernando Jimenez, the director of trade and investment for the Americas for the Arizona Department of Commerce, says that in 2009, nearly $4.5 billion worth of products were exported from the state to Mexico, which is Arizona’s No. 1 trading partner. That includes semiconductor chips, machinery, and plastics.

“Trade with Mexico is extremely important for our state,” he says.

Also, nearly 40 percent of fruits of vegetables imported to the US from Mexico pass through Arizona, according to research by the Colegio de la Frontera Norte.

If boycotts from Mexico become widespread, it could hurt the state economy.

http://www.csmonitor.com/World/Americas/2010/0428/Arizona-immigration-law-Will-Mexico-boycotts-cripple-trade

Man is made by his belief. As he believes, so he is.

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Filed: Other Country: Afghanistan
Timeline

Mexican boycotts in response to the Arizona immigration law are blooming like desert wildflowers.

The Mexican state of Sonora canceled a cross-border meeting to be held in Phoenix in June – the first time the annual gathering will be interrupted in more than 50 years.

Independent truckers are saying they refuse to transport goods into or out of the state of Arizona.

After the Mexican government issued a “travel alert” for Mexicans there, some Mexicans are reconsidering vacations in the state.

...

Fernando Jimenez, the director of trade and investment for the Americas for the Arizona Department of Commerce, says that in 2009, nearly $4.5 billion worth of products were exported from the state to Mexico, which is Arizona’s No. 1 trading partner. That includes semiconductor chips, machinery, and plastics.

“Trade with Mexico is extremely important for our state,” he says.

Also, nearly 40 percent of fruits of vegetables imported to the US from Mexico pass through Arizona, according to research by the Colegio de la Frontera Norte.

If boycotts from Mexico become widespread, it could hurt the state economy.

http://www.csmonitor.com/World/Americas/2010/0428/Arizona-immigration-law-Will-Mexico-boycotts-cripple-trade

The solution to our trade deficit! J/K

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I think you guys will find that Mexico exports more goods to the US than we do to Mexico. Every second thing I buy is now made in Mexico.

The US is useless at exporting, hence our uber deficit.

According to the Internal Revenue Service, the 400 richest American households earned a total of $US138 billion, up from $US105 billion a year earlier. That's an average of $US345 million each, on which they paid a tax rate of just 16.6 per cent.

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