Trump Proposes Big Import Tax, Triggering Fight With Mexico

Trump Expected To Sign Executive Orders On Immigration On Wednesday

Trump used a morning tweet to respond to Mexican President Enrique Peña Nieto's rejection of the new US president's Wednesday directive to begin "immediate" construction of a wall along the countries' 2,000-mile border.

Trump had promised to make "Mexico pay" for the wall, something that the Mexican government has repeatedly said it will not do. The discussion capped a week that saw relations between the neighboring nations plunge into the biggest diplomatic crisis in decades as Pena Nieto vowed that Mexico will never pay for the border barrier.

The spat escalated this week as Trump ordered the wall's construction, which he wants Mexico to fund, while Pena Nieto cancelled a meeting with the USA president scheduled for next week in Washington.

"President Enrique Pena Nieto did not address reports that he was considering" canceling next week's visit to Washington following Trump's order to begin construction of the wall between the two countries.

One of Mexico's most popular imports into the United States is avocados.

In a speech in Philadelphia later Thursday, Trump cast the cancellation as a mutual decision. "That's really going to provide the funding", Spicer said, referring to a 20% tax.

"Building a wall is the most expensive and least effective way to secure the border", Hurd said in a statement late Wednesday, according to The Washington Post. Although the White House has not disclosed the topics, Trump had planned to sign a directive to the attorney general to investigate voter fraud on Thursday, but the signing was postponed because "he got jammed up on some meetings", White House press secretary Sean Spicer said.

Early on Thursday, Trump tweeted: "The U.S. has a 60 billion dollar trade deficit with Mexico".

House of Representatives Speaker Paul Ryan, asked if lawmakers were anxious about the United States relationship with Mexico, said, "I think we'll be fine".

Mexico's peso, which has fallen sharply against the USA dollar in the face of Trump's stances on trade and immigration, extended losses to 1 percent after Mr Pena Nieto fired off his tweet, before paring losses.

The office of the Mexican president confirmed the call, calling it "constructive and productive", but did not specifically mention the wall or other policies proposed by Mr Trump.

"Ultimately, it will come out of what's happening with Mexico. and we will be in a form reimbursed by Mexico, which I've always said", Trump said.

Slim, who had criticized Trump during the presidential campaign, had dinner with the fellow billionaire in Florida in December after Trump's election victory.

"There is an atmosphere of crisis in the United States and it is going to last a long time".

"I think it is an error to think about boycotting companies", Mr Slim said.

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