Mexico will pay for wall

Mexico will pay for wall

One of Trump's principle campaign promises was to build a wall at the southern border and have Mexico pay for it, CNN reported. At the same time, according to the report, he said, "If you are going to say that Mexico is not going to pay for the wall, then I do not want to meet with you guys anymore because I can not live with that". "It has to be a partnership, I have no doubt about that".

Rep. John Ratcliffe (R-Texas) released the following statement on President Trump's visit to the U.S. Customs and Border Protection Yuma Station.

"If we have to close down our government, we're building that wall", he said.

Now, while this remains a centrepiece of his populist speeches, he accepts United States funds will pay for construction, and Mexico will be forced to re-pay in some way later on. The tweet spurred a spike in investor concern that Congress and the White House may not act in time.

Back in July, House Speaker Paul Ryan and other GOP leaders did discuss using a veterans bill as a vehicle to raise the debt ceiling.

"We are in the NAFTA (worst trade deal ever made) renegotiation process with Mexico & Canada.Both being very hard, may have to terminate?"

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A few hours later, Mexico's Foreign Ministry hit back to Trump's tweet in a lengthy statement that also snubbed the president's frequent use of social media.

The declaration comes after Trump this week threatened to shut down the government if Congress doesn't fund the wall - despite his previous insistence that Mexico would be the one to fund the barrier.

Trump via Twitter also renewed his threat to abandon the North American Free Trade Agreement.

Trump said at a rally last week in Phoenix that he would "end up probably terminating" NAFTA "at some point". "We are in the process of renegotiating NAFTA (the worst trade agreement ever passed) with Mexico and Canada".

The next round of negotiations is scheduled for Friday-Sept.

Information for this article was contributed by Margaret Talev Erik Wasson, Jennifer Epstein and Anna Edney of Bloomberg News; and staff members of The Associated Press.

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