Trump says Mexico is 'not going to write a check' for the wall [View all]

[DonViejo]

Source: CNBC



PUBLISHED 21 MIN AGO

Kevin Breuninger
@KEVINWILLIAMB

KEY POINTS

President Donald Trump says Mexico will pay for his proposed border wall through the revenue bump Trump hopes will come from a new trade deal pending in Congress.

“During the campaign, I said Mexico would pay for it,” Trump tells reporters outside the White House. “They are paying for it with the incredible deal we made, the USMCA.”

President Donald Trump on Thursday admitted that Mexico would not directly pay for the construction of his proposed wall along the southern border. Instead, he claims the wall will be paid for by revenue gained from a new trade deal pending in Congress.

“During the campaign, I said Mexico would pay for it,” Trump told reporters outside the White House. “They are paying for it with the incredible deal we made, the USMCA.”

That deal, short for the U.S. Mexico Canada Agreement, was approved by those three nations following lengthy negotiations over a replacement for the North American Free Trade Agreement, which Trump has long slammed as the “single worst deal ever approved.”

The Trump administration has provided few details about how the USMCA would lead Mexico to pay for the wall, or if the increased revenue from the Nafta replacement would actually reimburse the U.S. taxpayers who would directly fund the wall’s construction.


Read more: https://www.cnbc.com/2019/01/10/trump-says-mexico-is-not-going-to-write-a-check-for-the-wall-contradicting-campaign-pledge.html