If the US places a tax on agricultural imports is Puerto Rico exempt?

I'm telling you, legal marijuana growers!! LMAO

Mrkpytn wrote:

Maybe this could open a viable industry in  Puerto Rico agriculture

Hard to say, PR charges import taxes on imported cars and other items and the US considers PR foreign in a way so it is hard to say. So far they have not charged for our exports but it could happen.

PR charges inport taxes on cars coming from the states?

Yes, all Expats have to pay heavy import taxes in the thousands when you bring a used car and when you buy a new car in PR you pay a lot more in PR.
The transport is around 1200 only, prices of cars are a lot more than that.

You don't pay that when you move from one state to another, it is like a few hundreds

Yep, I had to pay almost 2000 just to Hacienda to bring my 2000 Dodge truck here

And they don't go by blue book value. They have their own assessment which is much higher so the tax is higher. Example a vehicle was bluebook at 26k, but had to pay at a PR value of 34k.

I want be bring my Jeep, but the import price tag is "el costa plenty". (is that Spanish?)

Mrkpytn wrote:

Maybe this could open a viable industry in  Puerto Rico agriculture

Congress has the power under Art. 1, Sec. 8 to regulate trade among the states, just as it has the power to regulate foreign trade.  As such, it is within the power of Congress to place such a tariff on foreign agriculture, and include PR agriculture.  However, there is absolutely no reason why the Congress would do so, and every reason in the world why they would not.  There seems to be a strong desire within Congress to see Puerto Rico right her economy, and saddling it with these tariffs would be counter-productive.

Just as domestic ag subsidies (and the converse foreign ag tariffs) make domestic agriculture relatively less-expensive, they both wind up distorting the market, increasing the cost to consumers or taxpayers, while advantaging the agricultural sector.  So in the short term, this would advantage PR agriculture, though shielding it from competition removes the market incentives to be efficient.  And when these protectionist measures are eventually removed, the protected sector suffers.

These same kinds of market distortions happened to Puerto Rico in the 1950s, when there were significant tax incentives to establish industry and manufacturing on the island.  Those subsidies created a market distortion, and as the subsidies were removed in 2006, the economy contracted (and continues to do so today).

http://www.reuters.com/investigates/spe … ium=Social