Mexico Cancels Summit After Trump Announces New Tax To Pay For Wall

mexico

BREAKING NEWS – In a fit of anger, Mexican President Enrico Peña Nieto told reporters that he was canceling his summit meeting with President Trump over the repeated claims that Mexico would pay for the new border wall between the two countries the American President promised to build during his campaign. President Nieto insisted that his government has no intention of paying one cent on the cost of the wall.

But in a statement today, President Trump said that part of the plan in paying for the wall is to place a 20 percent tax on all imports coming from Mexico, according to White house spokesman Sean Spicer. The Press Secretary said the plan now taking shape would tax imports from countries “that we have a trade deficit from, like Mexico.” “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,” Spicer told reporters aboard Air Force One.

Spicer said the new tax would generate $10 billion a year and “easily pay for the wall.” The plan was made public about the same time that the news was talking about the president of Mexico canceling his trip to the US next week after Trump said there was no point to their meeting if mexico won’t pay for the wall.

This is something that we’ve been in close contact with both houses in moving forward and creating a plan,” Spicer said of the tax plan, suggesting that congressional Republicans back the proposal. “It clearly provides the funding and does so in a way that the American taxpayer is wholly respected.”

Building a wall on the US’ southern border–paid for by Mexico–was a key campaign promise from Trump, and is just the latest in a series of actions by the new President designed to fulfill those promises with positive actions. Mexico will pay for the wall, one way or another. Meanwhile the Trump Train continues to roll along, Making America Great Again.

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RLGrimes
Richard is a freelance Journalist, who served in the Air Force during the Vietnam War. After his discharge he worked in Law Enforcement and Corrections for several years and was a member of SWAT before earning a degree in Computer Science. He was a consultant to government agencies including DEA, FBI, NRC, DOD and NASA. In the 90's he received a Business Management Degree and became a Consulting Analyst to several Fortune 100 companies. Later he taught G.E.D at Florida State Prison. He is married and has several grandchildren and great grandchildren. You can follow Richard on UniversalFreePress.com