Spicer: Trump Plans 20% Tax on Mexican Imports to Pay for $15 Billion Wall


President Donald Trump plans to fund the estimated $15-billion project by taxing U.S consumers.

During a press gaggle today, the Daily Beast reports, White House spokesman Sean Spicer said the president has decided that the wall can be funded by a 20-percent tax on all Mexican imports to the United States. According to the pool report, “He did not give any details about that tax, how it would work, and he described it as a beginning of a process that would be part of overall tax reform.”

Mexico is the United States’s second-largest supplier of such imports, mostly including fresh vegetables and fruits, wine and beer, snack foods, and other processed goods.

Meanwhile, AP reports that Republican leaders announced today that legislation to build a wall along the Mexican border will cost between $12 billion and $15 billion.


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