• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipDonald Trump

President Trump Calls for 20% Tax on Mexican Imports to Help Pay for Border Wall

By
The Associated Press
Down Arrow Button Icon
By
The Associated Press
Down Arrow Button Icon
January 26, 2017, 5:25 PM ET

President Donald Trump called on fellow Republicans to help him enact “great and lasting change” at a party retreat Thursday but offered few details. Later his spokesman said the president will seek a 20 percent tax on Mexican imports to pay for a proposed border wall.

The president was greeted by cheers as he took the stage in a hotel ballroom, telling senators and House members, “This Congress is going to be the busiest Congress in decades — maybe ever.”

He addressed lawmakers shortly after Mexican President Enrique Pena Nieto canceled a trip to Washington next week for his first meeting with the new president due to their disagreement over which of their countries would pay to build Trump’s promised wall on the border between them.

The wall is part of Trump’s plan to halt illegal immigration to the U.S., and he has long insisted that Mexico will pay. Pena Nieto insists his country will not.

On the flight back to Washington, White House spokesman Sean Spicer told reporters traveling with the president that Trump will seek to impose a 20 percent tax on Mexican imports to pay for the wall. Congressional approval would be needed for such a step.

But then later, at the White House, Spicer tried to take back his earlier comments by saying the 20% tax is one of several options under consideration and Trump hasn’t settled on it as the way to recoup construction costs for building the wall.

In Trump’s remarks to lawmakers, he cast the cancellation of his engagement with Pena Nieto as a mutual decision, saying they had “agreed to cancel our planned meeting.” Trump had tweeted early Thursday that “it would be better to cancel the upcoming meeting” given Pena Nieto’s unwillingness to pay for the border wall.

Trump’s election put Republicans in control of both the White House and Congress for the first time in more than a decade. Yet Trump’s often fluid ideology has sometimes put him at odds with his own party, making agreement on issues including a tax overhaul and entitlements no guarantee.

Addressing fellow Republicans, the president spoke about his agenda in broad terms and then skipped a planned question-and-answer session. He gave the lawmakers no specific marching orders for tackling the repeal and replace of “Obamacare,” one of the most complicated issues Congress is expected to tackle this year.

Spicer had said Trump on Thursday would continue to exercise his executive authority to implement his agenda, but an event listed on the president’s public schedule was postponed and could now take place on Friday.

The White House is considering steps to commission a probe of widespread voter fraud, restrict the flow of refugees to the U.S., and negotiate individual trade deals with countries that signed the proposed Trans-Pacific Partnership trade pact. Trump took steps earlier this week to withdraw the U.S. from TPP, saying the agreement puts American workers at a disadvantage.

Trump’s brief trip to Philadelphia marked his first flight on Air Force One, the familiar blue and white government plane that has long ferried presidents around the country and the world. Spokesman Sean Spicer described Trump — who traveled throughout the campaign and the transition on his own private jet — as being “in awe” of the presidential aircraft.

Trump saluted as he walked off his Marine helicopter and chatted with an Air Force officer who escorted him to the steps of the plane. He climbed the steps slowly but did not turn around and wave as presidents often do.

This article has been updated to reflect new comments from White House spokesman Sean Spicer.

About the Author
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Economy
America's $38 trillion national debt 'exacerbates generational imbalances' with Gen Z and millennials paying the price, warns think tank
By Eleanor PringleDecember 16, 2025
1 day ago
placeholder alt text
Innovation
An MIT roboticist who cofounded bankrupt Roomba maker iRobot says Elon Musk's vision of humanoid robot assistants is 'pure fantasy thinking'
By Marco Quiroz-GutierrezDecember 16, 2025
1 day ago
placeholder alt text
Success
Meetings are not work, says Southwest Airlines CEO—and he’s taking action, by blocking his calendar every afternoon from Wednesday to Friday 
By Preston ForeDecember 15, 2025
2 days ago
placeholder alt text
Success
'I had to take 60 meetings': Jeff Bezos says 'the hardest thing I've ever done' was raising the first million dollars of seed capital for Amazon
By Dave SmithDecember 15, 2025
2 days ago
placeholder alt text
Success
As millions of Gen Zers face unemployment, McDonald's CEO dishes out some tough love career advice for navigating the market: ‘You've got to make things happen for yourself’
By Preston ForeDecember 16, 2025
1 day ago
placeholder alt text
Banking
Trump turns on CBS, Kushner pulls out and Paramount's hostile bid for Warner Bros. shows signs of collapse
By Eva RoytburgDecember 16, 2025
18 hours ago

Latest in Leadership

Gen Z in military uniform
SuccessGen Z
Britain’s defence chief calls on Gen Z grads leaving university to skip corporate jobs and join the military as war with Russia becomes a growing risk
By Emma BurleighDecember 17, 2025
17 minutes ago
C-Suiteleadership advice
Red Lobster CEO Damola Adamolekun says the key to being a better leader is being a better person: ‘Leadership is self improvement’
By Sydney LakeDecember 17, 2025
29 minutes ago
James Cameron holding a microphone, gesturing
SuccessWealth
James Cameron is now a billionaire. The boomer college dropout worked odd jobs like truck driving before making his big break with films like Avatar
By Preston ForeDecember 17, 2025
1 hour ago
A man and woman take a selfie of themselves.
SuccessSmall Business
How a former marketing exec quit over paper clips and built a thriving Hudson Valley farm
By Alexandra KirkmanDecember 17, 2025
2 hours ago
layoffs
CommentaryLayoffs
The AI layoff wave is just beginning — and it’s by design
By Kevin OakesDecember 17, 2025
3 hours ago
Bezos
Big Techphilanthropy
Jeff Bezos and Lauren Sánchez Bezos donate $5 million to neurodivergent education leader
By James Pollard and The Associated PressDecember 17, 2025
4 hours ago