Is Mexico Paying for the Wall Through USMCA?
President Donald Trump declared via Twitter that he is keeping perhaps his most famous campaign promise, claiming that “MEXICO IS PAYING FOR THE WALL!” through a recent trade agreement negotiated with Mexico.
Economic and trade experts we interviewed said that’s not possible.
The United States-Mexico-Canada Agreement was signed by the leaders of all three countries on Nov. 30, but it still must be ratified by all three governments. It represents an arguably slightly better deal for the U.S. than its predecessor, the North American Free Trade Agreement, experts told us, but not enough to translate to federal revenues that would pay for the border wall, and shouldn’t be construed as Mexican payments, anyway.
A Campaign Promise
Building a wall along the southwest border, and having Mexico pay for it, was perhaps the signature plank in Trump’s campaign platform.
“I will build a great, great wall on our southern border. And I for presidency on June 16, 2015.
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