A suggestion that United States may impose a 20% tax on Mexican imports to pay for President Donald Trump’s planned border wall has been widely condemned in Mexico.
Mexican Foreign Minister Luis Videgaray said such a tax would make imports more expensive for American consumers and they would end up paying for the wall.
Earlier, President Enrique Pena Nieto canceled a visit to the United States over the row of who would pay for the wall.
The planned wall was one of Donald Trump’s key election campaign pledges.
At the beginning of this week, President Trump signed an executive order to create a wall along the 2,000-mile US-Mexico border.
Speaking on January 26, Luis Videgaray said: “A tax on Mexican imports to the United States is not a way to make Mexico pay for the wall, but to a way make the North American consumer pay for it through more expensive avocados, washing machines, televisions.”
The foreign minister also stressed that paying for Donald Trump’s wall “is not negotiable” for Mexico.
On January 26, White House spokesman Sean Spicer said a 20% tax could generate approximately $10 billion in tax revenue per year.
Image source Flickr
However, White House chief of staff Reince Priebus later said that the border tax is only one of several options being considered.
The rift between the neighbors and trade partners has deepened just days into Donald Trump’s presidency.
After President Enrique Pena Nieto pulled out of next week’s summit, President Trump said the meeting would have been “fruitless” if Mexico didn’t treat the US “with respect” and pay for the wall.
Earlier President Pena Nieto said he “lamented” the plans for the barrier.
In a TV address, the Mexican leader told the nation: “I’ve said time and again: Mexico won’t pay for any wall.”
Republican Senator Lindsey Graham warned that US consumers may wind up bearing the cost of the proposed tax.
“Any tariff we can levy they can levy. Huge barrier to econ growth,” he wrote online.
“Build that wall” was one of Donald Trump’s campaign rally slogans.
His executive orders also called for hiring 10,000 immigration officials to help boost border patrol efforts.
Donald Trump said: “A nation without borders is not a nation.
“Beginning today the United States gets back control of its borders.”
President Donald Trump is seeking a tax on goods imported from Mexico and use the revenue to build a border wall, White House spokesman Sean Spicer has said.
Donald Trump’s plan was announced just after Mexican President Enrique Pena Nieto canceled a visit to Washington, amid a row sparked by the question of who will pay for the wall.
On January 25, the president signed an executive order to create a wall on the US southern border with Mexico.
Making Mexico pay for it was one of Donald Trump’s key election campaign pledges.
However, President Enrique Pena Nieto has always insisted that will not happen and on January 26 he pulled out of next week’s White House meeting.
Hours later, Sean Spicer told reporters that President Trump had discussed the funding proposal with lawmakers, and that they are considering making it part of a tax reform package the US Congress is planning.
Image source Flickr
Sean Spicer said that a 20% tax could generate approximately $10 billion in tax revenue per year.
He said aboard Air Force One: “Right now our country’s policy is to tax exports and let imports flow freely in, which is ridiculous.”
He added that the tax will “easily pay for the wall”.
The plan is still being finalized, Sean Spicer explained, saying that the tax could ultimately be as low as 5%.
The rift between the neighbors and trade partners has deepened just days into Donald Trump’s presidency.
After President Pena Nieto pulled out of the summit, Donald Trump said the meeting would have been “fruitless” if Mexico didn’t treat the US “with respect” and pay for the wall.
Earlier the Mexican leader said he “lamented” the plans for the barrier.
In a TV address, Enrique Pena Nieto told the nation: “I’ve said time and again: Mexico won’t pay for any wall.”
Donald Trump has said he would cut off money sent to Mexico to force them to pay for a border wall with the US.
In a memo to the Washington Post, the Republican presidential hopeful says he would threaten to change a law to cut off cash transfers.
The prospect of losing a vital source of income would force Mexico into a “one-time payment” of $5-10 billion, says Donald Trump.
Voters in Wisconsin are picking their presidential candidates.
They are going to the polls in a vote that could reshape the Republican race, with front-runner Donald Trump facing a strong challenge from Texas Senator Ted Cruz.
Asked about the memo at a campaign stop in Wisconsin, Donald Trump said he stood by it.
Photo Getty Images
“Absolutely, 100%,” he told reporters.
“The wall is a fraction of the kind of money in many ways that Mexico takes from the US.”
Building a border wall with Mexico has been a core message of Donald Trump’s campaign but until now he has not said in much detail how he would make Mexico pay for it.
Mexico’s central bank said that money sent home from overseas hit nearly $24.8 billion in 2015, more than its oil revenues.
The law Donald Trump wishes to changes, as outlined in his memo, is part of the US Patriot Act – he would stop anyone living illegally in the US from sending money overseas.
Just the threat of enacting this would make Mexico “immediately protest,” the Trump memo reads, and they would be compelled to pay for the wall.
Donald Trump also proposed raising visa fees and cancelling visas for Mexicans.
If Ted Cruz wins in Wisconsin, as polls suggest, it will help him close the gap on Donald Trump in the all-important delegate count.
Delegates represent their states at the GOP’s convention in July and are accumulated by the votes in each state.
A Wisconsin defeat would make it is far less likely that Donald Trump will have the 1,237 delegates needed to secure the nomination.
It would raise questions about the strength of his campaign, after a week of adverse headlines.
Donald Trump’s unpopularity with sections of his party means he could be deprived of the nomination at the summer convention if he does not get the number he needs.
Currently, Donald Trump has 735 delegates, Ted Cruz 461 and Ohio Governor John Kasich 143.
This website has updated its privacy policy in compliance with EU GDPR 2016/679. Please read this to review the updates about which personal data we collect on our site. By continuing to use this site, you are agreeing to our updated policy. AcceptRejectRead More
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
