Trump said on Friday that Mexico would repay the United States for the wall, a day after news emerged that his transition team was exploring getting the Republican-led Congress to vote to approve funding.
The wall has been a bone of contention between Trump and Mexico since the businessman launched his presidential campaign in June 2015, accusing Mexico of sending rapists and drug dealers across the border into the United States.
"I could wait a year and a half until we finish negotiations, which we are going to start immediately, but I do not want to wait", Donald Trump said Wednesday at his first official press conference after being elected president.
In a report titled "Mexican corporates face hard 2017 as growth slows and interest rates rise", the agency said how well Mexican companies fare in the coming year will largely depend on the incoming administration of U.S. President-elect Donald Trump. But, it turns out, USA taxpayers will be paying for that wall - if, indeed, it ever gets built. "The President of Mexico, President Pena-Nieto, and the entire government of Mexico, have again and again repeated Mexico won't pay the wall".
Mexico sends 80 percent of its exports to the United States and is eager to uphold the North American Free Trade Agreement (NAFTA) between the two nations and Canada that acts as a conduit for the bulk of foreign direct investment in Mexico.
Mexican nationals explained to one TV station in Texas that they'll save 60¢ per gallon by fueling up in Brownsville, Texas, rather than across the border in their hometown of Matamoros, Mexico.
Everybody knows about Donald Trump's infamous plan of building the border wall.
"We're going to build a wall", he said.
"The annual cost of tax-exempt credits just to benefit undocumented immigrants quadrupled to United States dollars $4.2 billion in 2001", says a document issued by Trump's campaign team in 2015.
Former Mexican President Vicente Fox also weighed in on Twitter, insisting his country would never pay for what he dubbed a "racist monument".
Trump's April proposal to force Mexico to pay for the border wall also contained other ideas such as cutting off visas till Mexico forks over the money, increasing trade tariffs and raising visa fees. But, Garcia says Mexican institutions don't know how many students they would have to accommodate if they were deported.
Building a wall or fence in Texas is especially hard because USA citizens privately own about two-third of the border in the state, according to a Government Accountability Office report. "You're going to pay a very large border tax", he warned.