San Diego entrepreneurs fear serious tariff impact on the border with Mexico • Economics and Finance • Forbes Mexico

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San Diego (EFE) .- Businessmen, political leaders and organizations of merchants and builders, among others, asked the administration of President Donald Trump to reconsider the imposition of tariffs on Mexico, who claim will disproportionately impact the life of the border.

The councilor of San Diego Raúl Campillo presented the petition hours after President Trump announced 25% tariffs to vehicles and parts manufactured outside the country and a week of the launch of “international reciprocal tariffs”.

The president, said the councilor, called the date of April 2, next Wednesday, “day of liberation”, but “in reality there is nothing liberating in imposing tariffs.”

Being San Diego County the largest community and the most dynamic on the American border, import taxes will impact the region more, said the elected official.

“Living on the border makes us particularly vulnerable” to tariffs, he added.

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San Diego County exports an average annual 63,000 million dollars and imports about 33,000 million, according to figures presented by the official.

Kenya Zamarripa, Vice President of International Relations of the Regional Chamber of Commerce of San Diego, explained that the bilateral relationship is more complex than only numbers.

He gave as an example that there are “automotive parts that cross up to seven times the border before ending assembled in vehicles”, which will make it very difficult to establish which parts of the same article are manufactured in which country.

Experts expect tariffs to raise vehicle prices, parts, composures, even insurance policies that will pay more faces spare parts and parts.

The executive director of the Construction Industry Association in San Diego, Emma Palmer, estimated that tariffs will raise housing prices in at least $ 10,000.

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Alan Gin, economist with the University of San Diego, said that with tariffs, consumers will want to make less expenses, which can impact both jobs and inflation.

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