Donald Trump’s White House just revealed their new plans to make Mexico pay for the Wall!
He is now looking to place a 20% tariff on ALL Mexican Imports.
According to White House Spokesman Sean Spicer,
“If you tax that $50 billion at 20 percent of imports — which is by the way a practice that 160 other countries do — right now our country’s policy is to tax exports and let imports flow freely in, which is ridiculous. By doing it that way, we can do $10 billion a year and easily pay for the wall just through that mechanism alone. That’s really going to provide the funding.”
https://www.youtube.com/watch?v=kdC649siBQM
This comes just hours after the President of Mexico, Enrique Peña Nieto released this video announcing that he was CANCELING his meeting to renegotiate NAFTA with President Trump.
https://www.youtube.com/watch?v=M4QUYBQiSCs
Oh man, this is such a HUGE mistake for Mexico. Don’t they realize that, according to the US State Department, we currently make up around 80% of their exports?!
Fine then, I say we just dump Mexico out of NAFTA or trash it all together, put that 20% tariff on, and see how they act then. America should ALWAYS have a strong position in negotiations.
I love Mexico and I love the Mexican people, but the Government of Mexico is run by a bunch of friends of the world’s most DANGEROUS drug criminals so I have ZERO respect for them.
I wonder if the wall just got 10 feet higher?
(H/T – NY Daily News)