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Fri Jan 11, 2019, 11:05 AM

Trump Insists New NAFTA Trade Deal With Mexico Will Pay For the Wall 'Many Times Over' [View all]

Source: Mediaite

by Aidan McLaughlin | Jan 11th, 2019, 7:49 am


Now, he’s arguing that his oft-repeated pledge that “Mexico will pay for the wall” is not incongruent with his new claims that it will be “funded” through a renegotiated trade deal.

Trump’s claim has fueled headaches for fact-checkers since he started making it last year. First off, the new NAFTA deal hasn’t even passed yet, and if it does, won’t go into effect until 2020.

Secondly, Trump is asking Congress to fund the wall. If it ever gets approved, the money would come from the U.S. Treasury, i.e., taxpayers. You know where money saved from a renegotiated trade deal doesn’t go? The U.S. Treasury.

What’s more, during the 2016 campaign Trump pledged that Mexico would fund the wall with a “one-time payment” of $5-10 billion — which he said would take just three days of negotiations to obtain.

Read more: https://www.mediaite.com/trump/trump-insists-new-nafta-trade-deal-with-mexico-will-pay-for-the-wall-many-times-over/

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