Economist: Border closure would shut down USA auto plants

Economist: Border closure would shut down USA auto plants

Economist: Border closure would shut down USA auto plants

"And it's the first time really in decades that this is taking place and it should have taken place a long time ago", Trump told reporters.

President Donald Trump has threatened to completely close the border between the United States and Mexico if Mexico doesn't do more to stop the large groups of illegal immigrants that travel through the country to the US seeking asylum or illegal entry.

Last week, the President threatened to close the southern border if Mexico did not begin apprehending more migrants attempting to come to the US.

It has also acquiesced to the US Department of Homeland Security's so-called Migrant Protection Protocols, or "Remain in Mexico" policy, which was imposed unilaterally, forcing asylum seekers to stay across the border in Mexico until their cases are heard, a process that can take months or even years.

"We're absolutely going to see higher prices", Ganley said.

"If trade was interrupted, US producers would suffer crippling disruptions of their supply chains, American families would see prices spike for food and cars, and USA exporters would be cut off from their third-largest market". European Union member states have built over 600 miles of border walls since 1989 and deployed an additional 10,000 armed guards to keep out or deport anyone who makes it to the continent.

Mexico's foreign minister, Marcelo Ebrard, also noted commercial traffic at the US-Mexico border had slowed at several crossings.

"I think that the consequences to the economy, to our relationship with Mexico, to millions of families would be absurd".

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Del Campo Supreme, a tomato distribution company in Nogales, already is getting calls from USA supermarket chains anxious that a border shutdown will affect the supply of tomatoes from Mexico, said Jim Munguia, the sales manager.

To try to address the problem, the administration in late January started returning some migrants to Mexico to wait our their USA court dates in Mexican border cities. He added that his posturing was "the only way we're getting a response". "It's a very hard task". So I think the effects for the consumer would be felt immediately.

The Kentucky Republican told reporters on Tuesday that he hopes Trump won't take that action.

"Once they get in, because, as you know, we can only hold families for 20 days, they send the child back and bring the child back with another family - another fake family, another adult", Nielsen added.

"The U.S. threat is being carried out and having an impact on factories, transportation companies and most directly on drivers", truck driver Jose Cota said.

In an interview on Wednesday with Fox & Friends, Gingrich was asked if he's behind Trump's border shutdown threats, even as critics argue that the move would have a major impact on trade and global economics.

The Council of Economic Advisers was conducting a number of studies on the potential impact of closing the border and "working with the president to give him those options", she said. "We urge the administration to end current trade disputes and to focus on the expansion of export markets for USA agriculture, an economic sector that reduces the USA trade deficit by producing some of America's most competitive export products".

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