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White House Spokesman: President Looking at 20% Tax on Mexican Imports to Pay for Wall

U.S. Mexico border barrierWhite House Spokesman Sean Spicer told reporters on Thursday that President Donald Trump is considering a 20% tax on imports from Mexico to pay for the Southern U.S. border wall.

Mr. Spicer explained that the tax would likely appear in a full tax reform package according to Bloomberg.

The announcement came just hours after Mexican president Enrique Pena Nieto canceled a meeting with President Trump saying that Mexico was not going to pay for the wall.

Mexico imported almost $300 billion to the U.S. market in 2015 which would mean that if 100% of imported goods were hit with the 20% then just one year of the proposed tax would more than pay for a wall is estimated to cost between $12 and $20 billion to build.

Details are sparse, but it would appear some imports will not be taxed as Spicer told reporters they expect to only bring in $10 billion per year.

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Rich Mitchell

Rich Mitchell is the editor-in-chief of Conservative Daily News and the president of Bald Eagle Media, LLC. His posts may contain opinions that are his own and are not necessarily shared by Bald Eagle Media, CDN, staff or .. much of anyone else. Find him on twitter, facebook and

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