In the year ending June 1937, U. S. exports to Mexico totaled $94,000,000 as against $68,000,000 for the previous twelve months. This made the second biggest U. S. neighbor the sixth best U. S. customer. Last week this healthy trade was endangered by a new form of taxation devised by Mexico.
Unable to collect income taxes on the Mexican income of many U. S. firms which do business by direct mail or by traveling representatives (firms which maintain no offices in Mexico), the Mexican Government issued an order to its consuls all over the...
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