Mexico says it'll respond 'immediately' to any U.S. border tax under Trump

A mother daughter pair were arrested for dealing drugs from a home day care center in New York

A mother daughter pair were arrested for dealing drugs from a home day care center in New York

Mexico's president reiterated his nation will not pay for a wall along the US-Mexico border just hours after President-elect Donald Trump doubled-down on his campaign pledge to force the country to do so.

It wasn't the first time Peña Nieto has publicly shot down Trump's plan.

The wall has been a bone of contention between Trump and Mexico since the businessman launched his presidential campaign in June 2015, accusing Mexico of sending rapists and drug dealers across the border into the United States.

"With all due respect to the president, we elect a president, not a king", U.S. Congressman Henry Cuellar (D-TX 28) said.

The same thing happened again on January 11, during Trump's first-and possibly his only-press conference as USA president-elect, when he said, "Mexico in some form, and there are many different forms, will reimburse us...for the cost of the wall". The Trump administration proposes to make significant policy changes in the North American Free Trade Agreement or do away with it completely.

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Well, actually, voters shouldn't be faulted if that is precisely what they thought was going to happen in the case of that border wall promised by candidate Donald Trump on his road to becoming president-elect.

Gurria, who served as Mexico's finance minister from 1998 to 2000, said Mexico's central bank, which sold $2 billion in dollar reserves last week to support the peso, had helped prevent a deeper crash.

Trump has said that he would not seek to build a wall, or fencing, across the entirety of the almost 2,000-mile border.

Mexico slapped a tax on USA high fructose corn syrup in the early 2000s after the United States refused to allow free trade in Mexican sugar.

Mexican Foreign Minister Luis Videgaray on Tuesday restated the government's position that his country will not pay for the wall, and he noted that uncertainty over future trade relations is impeding investment to Mexico. "In certain parts I could accept a fence, but in certain parts, a wall would be more appropriate", said the president-elect. Trump administration focuses on reducing the trade deficit with Mexico through special tariffs and other trade barriers that would give a big blow to the USA automobile companies that moved production to Mexico. The president-elect said that he wants Mexican citizens to pay for it too. No immigration laws were implemented on the southern border until 1929, and Mexico was exempt from the migration quotas put into place in 1921 and 1924 thanks to the need for agricultural workers in the border states. Analysts say the peso could fall further if Trump slaps a threatened tax on exports from Mexico. "You're going to pay a very large border tax".

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Meanwhile, eight more states and the District of Columbia have also legalized the drug to be used for recreational purposes. Furthermore, the team found no evidence of a link between marijuana use in pregnancy and cancer risk in offspring.