By Nate | 2016, General Election News |
The President
of Mexico was scheduled to meet with President Trump next week, but the meeting
was cancelled after Mexican President Enrique Peña Nieto stated he would not be
paying for a border wall to be erected between Mexico and the United States.
The border wall has been a cornerstone of Trump’s campaign for months, and this
clash with Mexico was almost guaranteed to happen at some point.
CNBC reports
on the new era of twitter diplomacy:
Pena Nieto
was expected to visit the U.S. next week to discuss immigration and trade
issues, and Mexican officials have been meeting with the Trump administration
ahead of time. Though Trump seemed to make conciliatory comments about Mexico
on Wednesday, the president reversed that sentiment by tweeting Thursday that
the meeting should be canceled if Mexico won’t agree to pay for the wall.
The Mexican
president tweeted back, in Spanish, that he informed the White House that he
would not be attending the meeting. White House spokesman Sean Spicer later
said that the wall could be paid for with a 20 percent tax on all imports from
Mexico, but the White House later backtracked and said the 20 percent tax was
just an example of what could be done.
Here are the
tweets which started the confrontation:
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
To which
Nieto eventually responded with this:
Esta mañana
hemos informado a la Casa Blanca que no asistiré a la reunión de trabajo
programada para el próximo martes con el @POTUS.
— Enrique
Peña Nieto (@EPN) January 26, 2017
Roughly
translated:
This morning
we have informed the White House that I will not attend the meeting scheduled
for next Tuesday with the @POTUS.
Apparently
there had been several high level meetings between Trump administration officials and
individuals from within the Mexican government, and those meetings will
continue. This visit next week would have marked the first formal meeting
between the two Presidents since Donald Trump’s inauguration last week.
As a result
of the cancellation, the Mexican Peso took a hit, according to CNBC:
Twitter
diplomacy just ripped the Mexican peso, again.
At its low,
the currency was down more than a percent against the U.S. dollar after Mexican
President Enrique Pena Nieto canceled a meeting with President Donald Trump, in
a dispute over Trump’s border wall. It later reversed some of the losses.
Mexico
certainly needs the United States as a trading partner and an economic partner,
there’s no question about that. Nieto is stuck with some low approval ratings in Mexico, and capitulating to Trump on
this matter would probably send that even lower. At this point, it’s a matter
of national pride that Mexico continues standing up to Trump’s continued claim
that our southern neighbor will pay for the border wall.
If you
recall, Trump and Nieto did meet back in August of last year, so the two men do have somewhat of a
working relationship.
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