Tradelines News

Get the latest news and updates on cross-border customs and international trade.

Trump Inexplicably Claims Mexico Will Pay for the Border Wall as Part of Landmark New Trade Deal

Posted December 12, 2018

Under Economic Issues, International Trade Issues

(Bob Bryan – Business Insider)

President Donald Trump told House Speaker-designate Nancy Pelosi and Senate Minority Leader Chuck Schumer that Mexico would pay for his proposed wall along the border, but the president made a head-scratching claim about how that would happen.

According to sources with knowledge of private portions of Trump’s contentious meeting with the Democratic leaders, Trump insisted that Mexico would eventually pay for the wall. He said that would happen via the newly updated North American Free Trade Agreement (NAFTA), now named the US-Mexico-Canada Agreement (USMCA).

One person familiar with the meeting told Business Insider that the president said the USMCA will bring so much money into the US that it would be almost as if Mexico paid for the wall. Click here to read more.