In the early days of the Trump presidency, Republicans proposed the imposition of a new 20 percent import tax on Mexican goods. White House press secretary Sean Spicer says the tax was part of broader comprehensive tax reform legislation designed to help pay for Trump’s promised border wall.
Spicer says, “By doing it that way we can do $10 billion a year and easily pay for the wall just through that mechanism alone. That’s really going to provide the funding.” Mexico’s exported an estimated $316.4 billion in goods in 2015.