Thursday, January 26, 2017

Mexico Is Already Paying For The Border Wall Since Election

Posted: 1/26/2017

I am not sure where President Trump is going with this campaign promise to build a wall. Apparently, he is getting serious building an improved physical barrier on the border to Mexico. Presumably, there will be also more modern means of surveillance along the border, like drones or other devices like radar or infrared.

On a quick note, Mexico is indeed already paying for this campaign promise. The Mexican peso depreciated significantly since the November 8 election. I suspect, foreign direct investments have began to slow down. American companies are thinking twice now about any future investments across the border.

One can only hope that President Trump will negotiate with President Nieto how the high incidence of crimes in Mexico and other central American states can be reduced. Mexico also needs to check and stop the flow of emigrants from other countries passing through Mexico to reach the U.S.

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