President Donald Trump may have found a way to fulfill one of his more ambitious campaign promises: making Mexico pay for the wall.
President Donald Trump doubled down today on his threat to slap a 5% tariff on Mexican imports unless America’s southern neighbor cracks down on Central American migrants trying to cross the U.S. border.
Trump is a political genius.
….at which time the Tariffs will be removed. Details from the White House to follow.
— Donald J. Trump (@realDonaldTrump) May 30, 2019
President Donald Trump may have found a way to fulfill one of the more ambitious — and controversial — pledges from his 2016 campaign: making Mexico pay for the wall.
On Thursday, hours after Trump tweeted that the U.S. Border Patrol had apprehended a record number of illegal migrants, the president announced that he would impose a 5% tariff on all imports from Mexico, increasing over time, until the Mexican government stopped the migrant flow from Central America.
Technically, a tariff is a tax paid by Americans to the U.S. government. But there will be a cost to Mexican firms, to Mexican workers, and to the Mexican government. In that sense, Mexico will be “paying for the wall” — or, rather, paying a price for the absence of a wall. To stop, Mexico will have to spend money on immigration enforcement. More
A more direct impact on Mexico’s revenue would be to also impose a “tariff” on all the money transfers that illegal immigrants send to Mexico. Those funds could also be directed to our wall construction.
He should impose a 25% surcharge on all money being wired to Mexico,Honduras,Guatemala & El Salvador and any other Country that allowed their people to break into ours https://t.co/RDzZycH8NH via @BreitbartNews
— ❌❌❌Angry Americans United❌❌❌ (@LastStand2019) May 31, 2019
I would have started out with a 25% tariff! https://t.co/viiTym0mVa
— The Player (@Oligarchy100) May 31, 2019
The absolute brilliance of @POTUS. He knows how to deal with people/nations, no matter what the circumstances.
I Love…our President!
Retweet if you agree.
— Ernie Plumley⭐️⭐️⭐️ (@ernie_plumley) May 31, 2019
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