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.”
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.
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)