Another Brick In The Wall

Mexico still insists that it is not paying for the wall while President Donald Trump says they will be paying for the wall. The Mexican President was planning on meeting with President Trump in the U.S. but has now decided to cancel their meet.

From Yahoo:

Mexican President Enrique Pena Nieto said on Thursday he had scrapped plans to meet Donald Trump next week after the U.S. president tweeted Mexico should cancel the meeting if it was not prepared to pay for his proposed border wall. “This morning we informed the White House that I will not attend the work meeting planned for next Tuesday with the POTUS,” Pena Nieto said on Twitter, referring to Trump. TRENDING: RUTH BADER GINSBURG DEAD! Supreme Court Justice Dies at Home Surrounded by Family “Mexico reiterates its willingness to work with the United States to reach accords that favor both nations.”

The U.S. has a 60 billion dollar trade deficit with Mexico. It has been a one-sided deal from the beginning of NAFTA with massive numbers… — Donald J. Trump (@realDonaldTrump) January 26, 2017

of jobs and companies lost. If Mexico is unwilling to pay for the badly needed wall, then it would be better to cancel the upcoming meeting. — Donald J. Trump (@realDonaldTrump) January 26, 2017

The Peso Falls As A Result

The value of the Peso has fallen after Mexican President Enrique Peña Nieto said that he wouldn’t visit with Trump in light of Trump’s latest comments.

From The Business Insider: