Trump Considering 20% Tax on Imports From Mexico to Pay for Wall

President Donald Trump has decided he will seek to pay for the wall on the US's southern border by imposing a 20% tax on imports from Mexico and as part of a larger comprehensive tax reform plan, the White House said Thursday.

WASHINGTON — The White House on Thursday said President Donald Trump is considering a 20% tax on imports from Mexico to pay for a southern border wall, but that the President is still weighing other options.

White House press secretary Sean Spicer told reporters on Air Force One Thursday that Trump was backing the proposal and had just discussed it with congressional Republicans in a private meeting.
Hours later, amid an uproar from lawmakers on both sides of the aisle, Spicer said that he was simply putting forward one idea Trump is considering to show how the administration could fund the multibillion-dollar construction of a wall on the US’s southern border. Spicer repeatedly said the White House was aiming to be “illustrative” rather than “prescriptive” as he walked back the more definitive comments he made earlier Thursday.
“Part of our goal today was to demonstrate that there is an easy way — or several ways — tone is to generate the reviews because the cost of the wall in the big picture is really not that significant,” he said. “Imports (are) one way. I just want to be clear that we’re not being prescriptive in saying that is the only way nor is the rate prescriptive.”
White House chief of staff Reince Priebus also told reporters the White House is considering a “buffet of options” as it considers how to pay for the border wall.

The new proposed White House plan comes as the Mexican President canceled a planned meeting with Trump after the US president signed an executive order Wednesday kicking off the process of building the border wall and vowed once again to force Mexico to pay for it.

Mexico has adamantly rejected the notion that they would fund the border wall, and Trump said Thursday that he had agreed to cancel the meeting with Mexican President Enrique Peña Nieto and would take a different route to address funding for the wall.

That alternative route appears to be lodged in raising a massive import tax on goods exported from Mexico to the US — a tax that could cause the price of US consumer goods produced in Mexico to skyrocket.

Despite the controversial nature of the proposal, which is likely to be met by stiff opposition from business leaders in the US, Spicer said the proposal is one “we’ve been in close contact with both houses (of Congress) in moving forward and creating a plan.”

“It clearly provides the funding and does so in a way that the American taxpayer is wholly respected,” Spicer said Thursday.

Spicer dodged reporters’ questions about the impact of the border tax on American consumers, instead stressing the tax’s benefits for American workers.

“I’m not going to get into it,” he added when pressed about businesses that manufacture goods in Mexico passing along the tax to American consumers.

21 comments

  • AL

    Well why you all try to figure this one out I am going to set over here in the corner and try to figure out what the word “Free” means. What I was taught as a child is not the same now. So I must figure this out. I want the “Free” Healthcare that I hear so much about, but not have been able to figure out what “Free” means yet. Please help me if you can help me figure this out.

  • Sassy

    Love how articles like ” Girl Scout sales pitch ” has stayed near the top of main page since 11:30am …this article gets posted at 4:10 pm and already shoved way down.

  • Mary K

    It should be 45% my last job went south of the border and thousands of other jobs hit these company’s in the pocket Mr Trump now force them to return NOW Please!

    • POTUS Putin-fluffer

      That’s an alternative fact.

      The Quinnipiac poll released today shows that 44 percent of American voters disapprove of Trump’s presidency….36 percent approve.

      Prove it to yourself….google it. ((((FACT))))

      • WarningFakeNews

        Here’s another “alternative fact” for you, Rasmussen has him at 59% approval.

        We’re used to the media and their beloved university professors polling, if you will recall, they were the ones that said had “no chance” in the election. There are many amusing videos posted with all their predictions, BTW.

  • Priceless

    Priceless. I knew he had something in his back pocket if Mex Prez would cancel meeting. Now the companies will be forced to come back to US or elsewhere . Because if they think they are gonna pass higher costs back to the consumers, we just buy different products.
    Now would be a most excellent time for a buiness to startup and produce those very products here in the states. While the companies in Mexico shutter and then leave Mexico to become an even poorer country.

  • POTUS Putin-fluffer

    He doesn’t mention how much such a tax will increase the cost a car. BTW, there is NO car made entirely in the US. Approximately 25% of any car assembled in the US is manufactured outside of the US, so any car purchased is going to carry this tax in its price.

    • Priceless

      Not really. Right now as it any company that manufactures outside of US but brings it all to US in pieces to have it assembled at American plants with American labor here can claim made in the US to get the tax credits. If trump is doing it this way , it will force the companies out of Mexico , those will be the companies in Mexico that will be forced to pay more.

  • Conroy

    Any sane businessman or mildly intelligent person would know that this will either drive away the imports to somewhere else or financially bankrupt the exporters. This is like a child whining that they didn’t get their Christmas present. On top of that he just purged the entire upper echelons of the state department. Make America isolationist again more like it.

  • k

    Which means…. Mexico won’t choose to import as much and what they do will be price adjusted. And there’s me at the grocery store paying $15 for a can of coffee and $50 for fruits and vegetables. Not to mention all the other stuff that comes from Mexico like interesting beers and chocolate. Sad!

    • k

      Just sayin. That’s really what would happen. Also ,intermediate goods such as components for finished goods that US. Manufacturers produce would skyrocket. This is not a good idea.

      • Priceless

        Only the companies stationed in Mexico the products would skyrocket in US. This is gonna force those companies out of Mexico now. This is gonna make Mex Prez more pissed off now for not meeting with Trump.

      • jacksincharge

        I like the idea that Trump is willing to disrupt the status quo. We really will not understand the implications of this for some time but I agree that there is a high likelihood that consumers of these goods will pay more.

      • Givemeabreak

        The implications are alienating all of our allies with a tariff war, isolating ourselves from the rest of the world, causing world markets to collapse, inflation and then sending our children to die in another pointless war that we will be fighting ourselves. Of course it won’t be any of these old white men, that just talk tough and posture doing the fighting. It will be our sons and daughters and not theirs (elite).Every great civilization throughout history has fallen and it is only a matter of time. The signs of moral and social decay are here, crumbling infrastructure, greed and coruption. We are now making enemies on all boarders and throughout the world. No civilization has been too big to fail. The arrogance of us is just astounding to me. I know we can do great things as a country but if we become an isolationist society we will stand alone. We are losing our way.

Comments are closed.