Trump Authorizes Construction on his Mexican Border Wall, and Proposes a Hefty Sales Tax to Pay For It—on Us
President Trump has signed an executive order that authorizes the construction of the wall that he promised would be built along the United States-Mexico border. To pay the massive bill that such an ambitious construction project would bring, Trump also proposed a 20 percent tariff on goods imported from countries that the U.S. has a trade deficit with, including the $50 billion deficit with Mexico. Trump says that this is his way of getting Mexico to pay for the wall, but in the end, it will be the American consumer that will be footing the bill.
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