Trump Floats 20% Tax on Mexican Imports, Mexican President Cancels Visit

Trump Floats 20% Tax on Mexican Imports, Mexican President Cancels Visit

Trump Chief of Staff Reince Priebus said later that the administration has “a buffet of options” to pay for the wall.

It’s unclear how a tariff would affect the price of the infamous taco bowl at Trump Tower.

The disclosure came as tensions between the North American neighbors were heating up and hours after Mexico’s President Enrique Peña Nieto canceled a sit-down with Trump that had been planned for Tuesday.

Trump had earlier threatened to cancel the meeting himself after Peña Nieto reiterated that Mexico would not pay for the wall.

“The US has a 60 billion dollar trade deficit with Mexico. It has been a one-sided deal from the beginning of NAFTA with massive numbers of jobs and companies lost. If Mexico is unwilling to pay for the badly needed wall, then it would be better to cancel the upcoming meeting,” he said in two tweets Thursday morning.

Hours after Peña Nieto backed out, Trump claimed canceling the meeting was a mutual decision.

Via New York Post

  • 26
    Jan
    2017

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