Trump unleashes plan to have Mexico pay for wall

Monday, January 15, 2018
 | 
Michael F. Haverluck (OneNewsNow.com)

U.S.-Mexico border fencePresident Donald Trump revealed his strategy to have Mexico pay for the border wall – so American taxpayers will not have to foot too much of the bill.

Even though the Mexican government has refused to fund the building of the wall along the United State’s 2,000-mile border with Mexico spanning from San Diego, California, on the Pacific Coast to Brownville, Texas, on the Gulf Coast, Trump insists that he has a plan that will get America’s neighbor to the south to fund the massive project.

A win-win situation?

Trump asserts that his economic strategy will be a win-win situation for both Mexico and the U.S. – via the North American Free Trade Agreement (NAFTA).

“He says he plans to offer a new deal on NAFTA that will share increased revenues between the two countries more equitably – a small portion of which will be diverted to pay for the cost of the wall,” WND reported. “The Trump administration is currently seeking federal funding for the wall while renegotiating the U.S. trade deal with both Mexico and Canada.”

Knowing that Mexico was not keen on his initial plan to directly foot the bill for the erection of the wall designed to keep illegal aliens from entering the U.S., Trump found a way for the Latin American nation to fund it through business ventures.

“They can pay for it indirectly through NAFTA,” Trump told the Wall Street Journal in an interview on Thursday. “We make a good deal on NAFTA, and, say, ‘I’m going to take a small percentage of that money and it’s going toward the wall.’ Guess what? Mexico’s paying.”

Trump revealed his plans shortly after his chief economic experts and trade advisers debriefed him on the current status of its deals with Mexico, along with details on the administration’s global trade strategy. He is now looking to make good on a vow he made to American voters on the campaign trail back in 2016.

“Trump repeatedly promised during the campaign that he would build a wall on the Southern U.S. border and get Mexico to pay for it,” WND recounted. “Democrats are refusing even to approve a budget without a bill to approve DACA, the Deferred Action for Childhood Arrivals program, which he rescinded in the fall.”

Take it or leave it

The president was adamant about Mexico fulfilling its role in the NAFTA deal – making it known that the U.S. is not afraid to walk if its neighbor does not comply with the terms.

“Now, Mexico may not want to make the NAFTA deal, which is OK,” Trump explained to the Wall Street Journal. “Then I’ll terminate NAFTA, which, I think, would be frankly a positive for our country.”

He even stressed that if Mexico is willing to negotiate, but not to America’s liking, the U.S. will look the other way and not turn back.

“Trump said that the current negotiations over changes to NAFTA – the massive U.S.-Mexico-Canada trade deal implemented in 1994 – would need to yield a good deal for him to agree to a new version,” BusinessInsider.com reported.

As a business tycoon, the president recognized Mexico’s vulnerable positioning with regards to negotiations – due to its uncertainty of being in the midst of a presidential election year – so he insisted that the U.S. will be “a little bit flexible” when dealing with Mexican President Enrique Peña Nieto and his economic advisers on the topic of NAFTA and the border wall.

"They have an election coming up fairly shortly," Trump pointed out to the Wall Street Journal. "I understand that makes it a little bit difficult for them."

On the other hand, an announcement made by Canadian officials to Reuters on Wednesday indicated that they were confident that Trump is already taking measures to pull out of NAFTA by month’s end.

Preliminary indications of an economic panic in Mexico, Canada and the U.S. were witnessed soon afterward.

“The report caused currencies for the three member countries to go wild,” Business Insider’s Bob Bryan informed.

Coming to a close?

As discussions with Democrats appear to be in gridlock – with Trump playing hardball and insisting that no DACA deal to grant young illegal immigrants [Dreamers] amnesty would be made if liberals in Capitol Hill refuse to fund his wall – Trump is looking for every possible way to build his border wall as promised.

The president is hopeful that Democrats are – or will shortly be – on the same page so his immigration agenda can move forward as planned, as the House has already agreed on the bill, which is currently being tied up in the Senate.

“Trump has called for funding for a border wall in immigration legislation that Congress hopes to agree on soon,” CNBC reported.

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