Mexico warns of trade war over Trump’s wall tax

 

Mexico’s foreign minister Luis Videgaray has said that his country would respond to any tax levied by the US. 

 

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Trump has used almost every post-election speech to reiterate his promise to build a barrier separating his country from its southern neighbour. Proposals are to be sought next month for the wall’s design.

 

An executive order on the 25th of January for the wall’s construction also asked government agencies to report on the financial assistance given to Mexico in the past five years.

 

This led to speculation that Trump may also divert US aid to pay for the wall.

 

Videgaray recently responded, warning that Mexico could impose levies on select goods aimed at US regions most reliant on exports south of the border, such as Iowa, Texas and Wisconsin.