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re: Trumps Wall paid for by Mexico

Posted on 12/11/18 at 2:58 pm to
Posted by Tigerrush7
New York
Member since Nov 2018
47 posts
Posted on 12/11/18 at 2:58 pm to
quote:

As I recall Mexico just approved a new trade deal that will mean a net surplus of more than the cost of the wall to the United States. Trump will build the wall, Mexico will pay for it.




What is in that new deal that will mean Mexico is paying for the Wall?

What I read on the USMCA:

quote:

Mexico and Canada get assurance Trump won’t pound them with auto tariffs. Trump has repeatedly threatened to slap hefty tariffs on car and vehicle parts coming from overseas into the United States. Along with the new trade deal, his administration signed “side letters” allowing the two nations to mostly dodge Trump’s auto tariffs. The side letters say Canada and Mexico can continue sending about the same vehicles and parts across the border free of charge, regardless of whether auto tariffs go into effect down the road. Only parts above that quota could face tariffs.
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